Australian Wines in China Fall Through the Price Floor Amid Inventory Glut

Australia's wine glut is showing up on China's retail shelf. Australian wines from premium regions that once routinely sold for more than RMB 200 are now appearing on Chinese shelves below RMB 30 (USD4.43). Read More The post Australian Wines in China Fall Through the Price Floor Amid Inventory Glut appeared first on Vino Joy News.