Chinese Demand
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- April 28, 2016
Is China’s new luxury wine worth $250 a bottle? The makers of a new red blend from China are aiming to lure luxury wine connoisseurs from such established regions as Napa and Bordeaux, betting they’ll spend $250 a bottle on something novel and adventurous I got a sneak preview of the first vintage of the […]
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- April 27, 2016
World wine trade buoyed by rebound in China demand Wine exporters toasted an upturn in Chinese wine consumption in 2015 after a two-year decline, as a growing taste there for reds helped global wine trade expand, the International Vine and Wine organisation (OIV) said on Monday. Chinese imports jumped 44 percent to 5.5 million hectoliters, […]
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- April 20, 2016
China’s Cofco to sell winery stake for 11 pence China’s Cofco conglomerate has said it will sell its controlling stake in Chateau Junding and a related wine subsidiary in the country for just 1 yuan. The offer means that it would be possible to buy Cofco’s 55% stake in Junding Winery Co and Shandong […]
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- March 17, 2016
Chinese investment continues in Bordeaux with sale of négociant GRM Bordeaux négociant GRM was sold to the co-founder of Hong Kong based Qeelin Jewellery and two Chinese investors. Guillaume Brochard, co-founder of the Hong Kong-based Qeelin Jewellery, together with ‘two Chinese entrepreneurs’ purchased Pineuilh-based négociant GRM for an undisclosed amount. Guillaume Brochard is now the […]
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- March 09, 2016
Asian investor Peter Kwok buys another Bordeaux château Peter Kwok, the Hong Kong businessman regarded as one of the first Asian investors in Bordeaux vineyards, has bought his seventh estate in the region. Peter Kwok, the Vietnam-born, Hong Kong businessman who bought St Emilion’s Château Haut-Brisson in 1997, has purchased Château le Rey in Castillon […]
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- February 26, 2016
Chinese billionaire, Alibaba founder Jack Ma, buys Bordeaux Château de Sours Jack Ma, China’s second richest person and founder of multi-billion dollar online retailer Alibaba, has become the latest Chinese investor to buy a Bordeaux wine estate with Château de Sours. * China’s Alibaba founder buys Bordeaux château spanning 80 hectares * Ma’s […]
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- February 15, 2016
Chinese Consumers are Still Spending Despite Economic Woes As China’s economic growth slows and its stock market remains turbulent, consumers are still willing to spend as confidence remains high, according to recent data. Nielsen’s newly released “China Consumer Confidence Index” for Q4 of 2015 find that Chinese consumer confidence actually went up a point […]
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- December 01, 2015
Global wine stars join Decanter for Shanghai Fine Wine Encounter Read more at /media/sureholdings/blog/misc/global-wine-stars-join-decanter-for-shanghai-fine-wine-encounter-283778 China’s wine lovers were out in force at the Decanter Shanghai Fine Wine Encounter over the weekend, tasting an array of top vintages from some of the world’s best producers in glamorous surroundings. Read our full report of the day […]
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- November 18, 2015
CHINA’S TOP 10 BIGGEST WINE IMPORTERS The latest figures on wine sales in China show a market back in growth. We look at the performance of the top 10 importers by country. Read more at /media/sureholdings/blog/misc/chinas-top-10-biggest-wine-importers As previously reported by the drinks business, the market for wine in China appears to be experiencing a bounce back, with […]
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- November 17, 2015
Wine sales soar on China’s Singles’ Day festival China’s Singles’ Day success China’s online wine and spirits retailers have reported strong rises in sales during the 2015 Singles’ Day shopping festival. Read more at https://www.decanterchina.com/en/?article=1230#DsGHTY2JxoPKfyz9.99 Retailer Yesmywine doubled sales on its Tmall.com outlet versus last year to hit CNY 40.5m (£4.2m) during China’s Singles’ Day, […]
