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A 50-year-old Napa winery owned by Qinghai Huzhu Barley Wine Co., Ltd., a publicly traded Chinese company, has been suffering seven straight years of losses, totalling more than RMB 100 million (US$13.8 million), according to the latest financial report released by the parent company. Read More
For the first time since the second half of 2018, China’s wine import market has shown signs of recovery. Bottled Australian wine imports saw explosive growth in late March. Our full analysis of customs data here. Read More
Since 2023, China's nightlife scene has faced unprecedented challenges, with numerous establishments shuttering their doors. Amidst this downturn, iBarrel, a pioneering wine bar launched by a Shanghai-based tech company in 2015, has defied the odds. Read More