SYDNEY—Australia’s Treasury Wine Estates is firming plans for permanent production of its storied Penfolds brand in China with the acquisition of a vineyard in the country’s premier wine region.

The growth in export value was largely driven by a surge in shipments to mainland China, following the removal of tariffs on ...

The Hennessy Cognac maker reported underlying operating profit from the division dropped by more than a third.

But China has been lifting trade barriers on ... Among those shipping to Hong Kong is DMG Fine Wine, whose brands include Handpicked and House of Arras. Chief executive William Dong said DMG ...

Australia’s wine export revenues jumped by more than a third last year, helped by the re-opening of China – but sales to the rest of the world were down. According to trade body Wine Australia ...

Tim Ford doesn’t just want to pack product off to China never to be seen again; he believes his Treasury Wine Estates and Penfolds brand can be a driving force in that country’s wine community.