China perfect market for Europe's wine industry, says Slovak winemaker

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China perfect market for Europe's wine industry, says Slovak winemaker

STORY: China perfect market for Europe's wine industry, says Slovak winemaker DATELINE: Oct. 9, 2023 LENGTH: 0:02:33 LOCATION: Bratislava CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (Slovak): EDUARD SEBO, Slovak winemaker 2. various of photos from Sebo's archive about the Wine Culture Festival 3. SOUNDBITE 2 (Slovak): EDUARD SEBO, Slovak winemaker 4. various of photos from Sebo's archive about the Wine Culture Festival STORYLINE: Europe's wine cellars are brimming, while demand for the product is steadily increasing in China, Slovak winemaker Eduard Sebo told Xinhua in a recent interview. The recent drop in demand across Europe keeps pushing the prices down and threatens to destroy the wine industry, he said. As a result, vineyards are being uprooted and local wine producers are forced to distill wine into other products like alcohol for disinfectants or look for new markets, he added. Meanwhile, wine consumption and production are on the rise in China, Sebo said after he attended a recent competit

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