China’s wine appreciation reaches new heights

China’s taste for top Australian wines is climbing as living standards rise and demand lifts, according to the latest wine sales data. Last year, the rapidly growing market become the third largest destination for Australian wine with sales shooting up to $201.5 million in 2011, behind only the major markets of the United States and the United Kingdom. Wine sales to China and Hong Kong helped prevent a larger decline in Australian wine exports which fell to $1.89 billion last year as exports to the US and UK went into reverse, reports AdelaideNow.