In an effort to increase participation into the wine segment of major casino chains in Macao, local Portuguese wine importers promoted a wine tasting at the official residence of the Portugal's consul general last Monday.
When you think of a winery, you probably imagine the bucolic Napa Valley or the dangling vineyard grapes in French wine country. So when the top wine experts in the congested city of Hong Kong heard about a new winery in town, they were perplexed.
The agreement, namely an Arrangement for Co-operation on Wine-related business, was signed by Hong Kong's Secretary for Commerce and Economic Development Rita Lau and New Zealand Trade Minister and Associate Foreign Affairs Minister Tim Groser who is visiting Hong Kong.
Hong Kong is mad about wine. According to the city's trade board, Hong Kongers drink more vino per capita than anyone in Asia -- 3.3 liters (111 oz.) per year per person
China has been fermenting grains and fruits into "wine" since ancient times. But in the past 15 years, hundreds of vineyards producing Western varietal-grape wines have sprung up. Most are at an embryonic stage by European standards, though that doesn't mean they don't intend one day to rank among the world's great wineries.
Imagine a nation with hundreds of millions of wine drinkers who have more access to spending cash than ever before and a growing taste for the finer things in life.
Thanks to the abolition of import duties, UK has overtaken France as the biggest wine exporter to Hong Kong, based on the export figures of 7 months released by the Hong Kong Trade Development Council.
How does a burgeoning wine region far from major airports and struggling with basic infrastructure issues such as unfinished roads and ancient plumbing attract tourists and consumers to taste its wine?
Frank Gayaldo is a grape grower and international wine broker who has been integral in marketing Lodi's assortment of wines to China. Gayaldo is the honorary director of international business development for the for the Lodi Chamber of Commerce and has visited China five times.
The Chinese wine-making operation jointly established by Japan's ASAHI BREWERIES LTD. (TSE:2502), MARUBENI CORP. (TSE:8002) and a local brewery began production Wednesday.
Research and Markets has announced the addition of the "Wine in South Korea" report to their offering. The Wine in South Korea industry profile is an essential resource for top-level data and analysis covering the wine industry.