When The Party’s Over…

by Jonathan Mather While Chinese consumers slow their purchases, Hong Kong’s wine market is in freefall due to ongoing unrest and the US-China Trade War. Imports of wine into China are down 41% YOY Jan to Aug, which tracks the 64% decline in re-exports from HK YOY according to a recent HKTDC study. The HK

US Wine Sales fall further in China

Chinese imports of US wines fall by 48% YOY in the first 3 Quarters of 2019. After peaking in 2016 at $81.5 million, US wine imports slipped to $78 million before dropping rapidly in 2018 due to the emerging trade disputes between the countries. Current tariff levels of 93% will increase further if now resolution