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.

[Photo/Xinhua] The liquor industry in China is getting younger ... products by launching fruit wines and alcoholic teas in collaboration with beverage brands. Examples include Meijian's ...

Less than a year after Beijing removed punitive tariffs, Australia has reclaimed its title as China’s favourite wine producer with sales of $907m, comfortably overtaking second-placed France.

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

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.

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 ...

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