Wine imports drop 9% in H1 of 2014
Updated: 2014-08-14 10:55 (chinadaily.com.cn)Imported wine consumption dropped significantly in China in part due to the country's austerity drive. During the first half of 2014, 132.61 million litters wine was imported, a 5 percent drop compare to last year. In terms of value, $641.45 million worth of wine was imported in the first half year, a 9 percent decrease year-on-year.
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Imported wines from Europe shown in Nanjing (International) Wine and Spirits Exhibition in Nanjing, Jiangsu province, May 10, 2014. [Photo/Asianewsphoto] |
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