China

Australian Farmers Rip Out Millions Of Vines Amid Wine Glut

Millions of vines are being destroyed in Australia and tens of millions more must be pulled up to rein in overproduction that has crushed grape prices and...

Good Progress On Chinese Wine, Lobster Trade Barriers, Says Minister

China will complete a review into years-long tariffs on Australian wine by the end of March and is also reviewing its restrictions on lobster imports, Aust...

World Food Price Index Falls In February For Seventh Straight Month, Says UN Agency

The United Nations food agency's world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset...

JD.com Beats Quarterly Revenue Estimates As Heavy Discounts Buoy Demand

Online retailer JD.com has reported fourth-quarter revenue above estimates and announced it would increase the size of its share repurchase programme.

Consortium Comprising Driscoll’s Acquires Australia's Costa Group

A consortium, led by Paine Schwartz Partners and comprising Driscoll’s and British Columbia Investment Management Corporation, has completed the acqu...

Australian Wine Makers Bet On Expected China Reopening With Big Shipments

Australian wine makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine.

Treasury Wine Says It Is Ready To Ship Australian Bottles To China

Shares of Treasury Wine Estates shot to a three-month high after the company, one of the world's biggest wine makers, said core profit met expectations and...

French Wine And Spirit Exports Fell Last Year On US Hangover, Industry Group Says

French exports of wine and spirits fell last year from a post-COVID peak as inflation clipped consumer demand and distributors in the lucrative US market c...