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Hong Kong presents a unique marketplace for winemakers. With a zero tax environment recently created for the wine market and a range of positive initiatives being implemented by the Hong Kong Trade Development Council, the market is evolving into a world hub for wine.
In 2007, the Asian market (excluding Japan) was forecast to grow at an extraordinary 10 to 20 per cent per annum over the coming five years, which equates to a consumption value of US$17 billion by 2012, estimated to rise to US$27 billion by 2017. China is named as the top consumer among these Asian countries.
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