China’s Wine Production Plummets 91% Since 2012 as Industry Struggles With High Prices and Slow Sales Domestic wineries face unsold stock, shifting consumer tastes, and fierce competition from cheaper imports despite quality gains

China’s Wine Production Plummets 91% Since 2012 as Industry Struggles With High Prices and Slow Sales #ChinaWine #WineProduction #WineIndustry #WineMarket #DomesticWineries