Hong Kong for wine lovers
When wine duty was eliminated in Hong Kong in 2008, the wine scene changed dramatically. All the major wine auction houses swooped into the city within months of the announcement, thousands of new wine importers and retailers opened shop, and the city became a magnet for international chefs and sommeliers. By 2010, Hong Kong’s wine auction sales eclipsed those of New York and London, making it the highest revenue generator for most of the major wine auction houses and a mecca for fine wine lovers in Asia.
Then, just as dramatically, the summer of 2019 abruptly halted this growth: Hong Kong was wracked with protests that affected nearly all businesses in tourism, hospitality, and food and beverage. Just as the protests started to settle down
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