China’s top wine influencer Who wields the most influence on wine in China? As the year of the dragon kicks off soon, I put this question to various China insiders. Ian Ford, partner at Summergate, a leading wine importer to China: Yao Ming. He is a mega-star and having him talking about his new wine from California is not just good for California wine, it’s good for all of wine in China. [Summergate does not import the new Yao wines – Ed.] Jeannie Cho Lee, Master of Wine, author of Asian Palate & Mastering Wine: Han Changfu the current Minister of Agriculture of the People’s Republic of China; controls all national agricultural regulations including wine and can move entire market with one policy change. Jamie Ritchie, CEO & President, Americas and Asia, Sotheby’s Wine. The Government: who controls both supply and price. By keeping zero tax on wine in Hong Kong, you have this thriving market, that we all know and love (even despite this short term scaling back in demand/prices).

In Mainland China, the same is true, as the import/hygiene restrictions limit a more free and open market. A favorable regulatory environment is the most important key to any market. Debra Meiburg a Master of Wine based in Hong Kong: That’s a tough question. The mainland market is quite fragmented. Voices in Beijing are unknown in Shanghai and vice versa. Don St. Pierre or the Summergate teams are obvious choices as the leading fine wine importers in China. new zealand best wine in the worldThe domestic industry is stepping up their game and in that regard Professor Li Demei is highly influential (Chinese Agricultural University) as well as Professor Ma Huiquin. best wine for christmas dinner 2016The auction houses capture the international headlines, but are connecting with a small number of people with deep pockets.best wine of the month club 2013

This entry was posted on Tuesday, January 17th, 2012 at 7:13 am and is filed under China. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed. China is now Australia's biggest wine exports market Photo: Laurent Fievet / AFP / GettyImages. The massive growth in China’s middle class has been a godsend for the Australian wine industry, with exports jumping 51% in the last year to $474 million, making it the top export market by value for the first time.names of wine and spirits The rise of China is no more apparent than in the fact that just a decade ago, sales there were worth just $27 million.sweet red wine oliver Wine Australia’s Export Report, released today, reveal double digital growth for local exporters in the 12 months to 30 September 2016, up 10% to a total value of $2.17 billion.whats a cheap dry red wine

Overseas fans are not only drinking more, they’re drinking better, with bottled exports up 14% to $1.8 billion and the average value increasing by 9% to $5.47 per litre, a 13-year high. Only the UK disappointed, posting a small drop in sales, down 1% to $361 million. Europe overall disappointed, down 3% to $570 million. Northeast Asia is now Australia’s number one export region, growing 35% – $177 million – to $678 million. North America was up 3% to $639 million, while Southeast Asia grew 11% to $152 million.name for wine master The former top Australian wine drinking nation, the USA, saw sales rise 4% to $448 million.beer and wine open now Infographic: Wine Australia/ Supplied.dry white wine photo Wine Australia CEO Andreas Clark said more than half of the total value of growth in the last 12 months was in wines priced at $10 or more per litre.

Growth in the premium price segments (detailed below) added more than $120 million in value. “Of the 1743 active exporters across the period, 70% contributed to the value growth, an outstanding result. The value of exports grew in 81 of the 122 destinations for Australian wine,” Clark said. Exports priced $10 and more per litre FOB (free on board, the value of the wine leaving Australia, excluding transport costs) were up in all top five markets ­– mainland China by 63%, the US by 21%, the United Kingdom by 20%, Canada by 9%, and Hong Kong by 7 per cent. Clark said the China–Australia Free Trade Agreement also contributed to the stellar result in that market. More than a third of Australian wine exports priced $10 and more per litre FOB were destined for China, valued at $190 million and up by 63%. Negociants International executive director Adam O’Neill said demand premium wines in China showed no signs of abating, with online platforms such as Alibaba’s TMall helping Australian exporters find new customers.

Exports to Malaysia jumped 24% to $55 million, Taiwan was up 23% to $19 million and South Korea 42% to $14 million. Japan posted a small decline of 0.3 per cent to $45 million, due to a decline in bulk wine exports. Australia’s top five export markets by valueMainland China – $474 million ▲51%US – $448 million ▲4%UK – $361 million ▼3%Canada ­– $190 million ▲1%Hong Kong ­– $126 million ▲7%. Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram. The value of Australian wine exports to China surged 40 percent in 2016, industry figures showed on Friday, unexpectedly driven by sales of premium labels rather than the cheaper wines that major producers had been looking to boost.Rising exports to China, Australia's No. 1 wine export market, also lifted the total value of annual Australian wine shipments by 7 percent to A$2.22 billion ($1.67 billion), according to figures published by industry group Wine Australia.

The jump defies a Chinese government crackdown on corruption that has cooled flashy spending there. If anything, industry insiders said the anti-graft campaign had been a boon for the likes of Treasury Wine Estates' (TWE.AX) top label Penfolds."Rather than drinking the super-expensive French wines, they were turning to Australian wines which were more affordable. Penfolds in comparison is (much cheaper)," wine exporter Greg Corra, managing director of Canberra-based Inland Trading, told Reuters.A bilateral free trade agreement signed in 2015 has also boosted sales by cutting tariffs, and encouraged Chinese purchases of vineyards and grape processing plants in Australia. Even so, France continues to dominate China's wine market with a market share about twice the size of Australia's. © Chris Jackson/Getty Images Camilla, Duchess of Cornwall samples Australian wines at an Australian Day Reception Shares in TWE rose 3.4 percent on Friday, outpacing the S&P/ASX 200 index (.AXJO) which gained 0.72 percent.

Treasury declined to comment on Friday ahead of its Feb. 14 earnings announcement."I think the premium end is always going to underpin some of the growth at Treasury because it's better known for its premium wines," said Mark Daniels, investment director at fund manager Aberdeen Asset Management, which holds a small stake in the company. © REUTERS/David Gray/File Photo FILE PHOTO - Cameron Walker, site manager at Yalumba's Jansz estate in the Tamar Valley, located in the northeast of Tasmania, checks rows of vines during his daily inspection Last August the company reported a doubling of annual profit underpinned by a 76 percent surge in sales by volume to Asia. The company said at the time it expected fastest growth in the mid-market, where it was targeting millennial drinkers.The fastest-growing export segment was wine priced between A$30 and A$50 ($22 to $38), according to the Wine Australia. Australian exports to the United States and Britain also rose.But shipments to Hong Kong fell by 16 percent as many exporters re-routed stock directly to mainland China, where tariffs once as high as 20 percent are now below 9 percent.