Chinese hotel owner completes Bordeaux chateau buy
Hotel owner New Century Tourism Group has officially become the owner of 37-hectare Chateau de Birot in Cadillac Cotes de Bordeaux.
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China
Following the development of the Chinese wine consuming market, especially the sustainable growth of the market shares of imported wines, domestic Chinese wines have attracted growing attention, and more and more people have come to tour Chinese wine regions.
Although local wines have a numerical advantage in the Chinese wine scene, it is not an easy task to understand these regions, as there aren’t certain wine regions being defined.
The ‘wine regions’ people are customarily talking about are actually administrative divisions. The divisions are to be improved, but so far they can help us to explore the vineyards in China.
Written by LI Demei for www.decanterchina.com
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Chart: Chinese-owned chateaux in Bordeaux
See the charts below to view the number of Bordeaux chateaux bought by Chinese investors to date, as well as where and when the deals were done.
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South African Swartland Winery sold to Chinese investor
Chinese businessman William Wu has bought control of Swartland Winery for an undisclosed fee, marking rising interest from China in South African wine.
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Cru Bourgeois Medoc chateau sold to Chinese investor
Chateau Preuillac has become the latest Bordeaux wine property acquired by a Chinese investor, after its owner families decided to sell following two difficult vintages.
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Chinese hotel group to buy 37ha Bordeaux estate
One of China's largest hotel companies, New Century Tourism Group, has provisionally agreed to buy Chateau de Birot in the Cadillac Cotes de Bordeaux appellation, as Chinese investors continue to pursue vineyard deals across France.
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China's Summergate bought by Woolworths Liquor Group
China importer Summergate and its subsidiary Pudao Wines have been bought by Australia retail giant Woolworths Liquor Group for an undisclosed sum.
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Fake Bordeaux in China being made on offshore boats, says official
At least half the Chateau Lafite sold in China is fake and, like other high end Bordeaux counterfeits, probably made on boats moored in international waters off the mainland coast, a senior Chinese government official has said.
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China slowdown knocks Bordeaux wine exports in 2013
A new restraint towards fine wine in China was largely responsible for a drop in Bordeaux exports last year, according to new figures released by the CIVB.
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China's Bright Food buys Bordeaux negociant DIVA
A Chinese food company has bought a majority stake in major Bordeaux negociant DIVA.
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'Red Obsession' documentary to explore Bordeaux-China relationship
Further details have been released about the new feature-length documentary about the mutual 'obsession' between Bordeaux and China, starring some of the biggest names in the international wine world.
