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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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Cape Wine Auction 2015 sales rise by 50 percent
Strong bidding during the AfrAsia Bank Cape Wine Auction in South Africa saw total sales rise by 50% on the previous year, with Vrede en Lust, Saxenburg and Paul Cluver wines among the top lots.
