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Capital Vintners: Eye on Asia

We all know that the Chinese wine market has boomed over the last few years, but recently there has been rumours abounding that demand has been decreasing after the boom of 2009-11. Let’s investigate the data. According to International Wine and Spirit Research (IWSR), the Chinese drank 160 million cases of wine in 2011, a […]

 

China to exhibit its wines for the first time at LIWF 2013

The rise of Chinese involvement in the wine market can be seen more and more these days. For the first time Chinese wine will be presented at the London International Wine Fair (LIWF) 2013. Chateau Hansen – established by the Han family in the 1980s – is China’s first organic estate. Situated in Wuhai, Hansen […]

 

Capital Vintners Special Report: Fine Wine and China

In 2008 the fine wine market was affected by a single piece of legislation in Hong Kong to such an extent that the small island off the coast of China is now, after only four years, Bordeaux’s number one export market. The duty on fine wine was reduced from 40 to 0 per cent and […]

 

CAPITAL VINTNERS: EYE ON ASIA

Rhône wines to be the next boom in Asia? A Hong Kong auction at Sotheby’s last weekend may have signified a further string to the Asian fine wine market’s bow being added as Rhône Valley wines fared very well. On December 8 the auction’s highlights included a 1961 Hermitage La Chapelle from Rhône, which sold […]

 

Yet another Bordeaux estate bought by Chinese tycoon

The Chinese taste for buying up French wine estates has not ceased, with news of yet another Chinese businessman buying Chateau Bellefont-Belcier.   More importantly Bellefont-Belcier has Grande Cru Classe status, making it the first one under Chinese ownership.   Herve Olivier, the regional director of SAFER – a government agency that oversees rural land development […]

 

£10 million in counterfeit Chateau Lafite wine discovered in China

10,000 bottles of fake Chateau Lafite have been found in an abandoned house in the Zheijang province. Even though China takes forgery very seriously – recently death sentences have been handed out to forgers of expensive products – this still remains a serious problem in Asian fine wine market. Lafite Rothschild has already won six […]

 

Second Chinese-owned negociant to open in Bordeaux next month

Another Chinese-owned negociant is set to open in Bordeaux next month as the Asian wine market continues to make a mark on the French region. Chinese businessman Jinshan Zhang is responsible for the exciting new venture. The first Chinese-owned negociant in Bordeaux opened in 2008 and employs seven people, including three Chinese speakers. The new […]

 

Burgundy wines soaring in value

Christie’s have reported that Burgundies are performing incredibly well right now. In particular Domaine de la Romanee-Conti has performed well. Although Bordeaux wines are still top dog, Burgundies are gaining notoriety in the market, especially Asia. Capital Vintners not only offers a wide collection of fine wines, but also the very best Burgundies: http://www.capitalvintners.com/wines/8/burgundy As production […]

 

Chateau Margaux focuses its business on high-flying Chinese market

Chateau Margaux (Megan Mallen) Chateau Margaux has hired Fangyuan Zheng, a business development manager, in Shanghai to overlook the Bordeaux producer’s sales across the region. The esteemed French wine producer is building on its brand and relationships in China – Thibault Pontallier was appointed Margaux’s brand ambassador in Hong Kong in 2010 – in order […]

 

China set to become second largest luxury market by 2017

China is due to become the world’s second largest market for luxury goods in the space of five years. Luxury goods sales could reach $302 billion worldwide this year, up four per cent from 2011.  Fine wine, especially Bordeaux wine, dominates the luxury goods landscape. Most of the large UK merchants report between a third […]

 
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