Australian wine labels feeling the pinch as Chinese buy and drink less
Cheaper bulk wine has been struggling in the market, but now even prestigious labels like Penfolds are feeling the pinch off the back of changing drinking habits and a reported crackdown on lavish banquets for civil servants.
Cheaper bulk wine has been struggling in the market, but now even prestigious labels like Penfolds are feeling the pinch off the back of changing drinking habits and a reported crackdown on lavish banquets for civil servants.
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