Retail in Asia

In Sectors

Asia’s largest wine and spirits fair opens in HK

The who’s who of the wine world gathered in Hong Kong on Tuesday for Asia’s biggest wine and spirits fair, hoping to tap the booming but still relatively young Chinese market. Organisers of the three-day Vinexpo Asia-Pacific expect demand for imported wine to weather the slowdown in Chinese economic growth, forecast to fall to 7.5 percent this year from 9.2 percent in 2011.