mercredi 23 avril 2014

Chinese wine market in France

In Saint-Emilion, nobody forgot the ceremony of the Proclamation of the grape harvests 2012. This day, a very attractive Asian, smiling and a little intimidated young woman, was inaugurated in the domain of Saint-Emilion. Unknown in the region, Vicki Zhao Wei is a singer and a comedienne as rich as famous in China. «In 2011, she bought the holy castle Monlot, 7 hectares in naming - émilion Grand Cru (vintage wine), then, shortly after, the castle Patarabet and its 9 hectares ", one of her collaborators reveals. The star being retained in Beijing by her brilliant career, its vineyards are exploited by a company specialized in the management of castles acquired by Chinese. "

Retail of French wine in China

This compulsive shopping should get out of breath, and not only because there are 8.000 vineyards in the Bordelais. Seen by China, these properties are not very expensive (from 2 to 20 million by counting the works). They allow these groups to invite itself on the Chinese market of luxury wines, because even Bordeaux of second category becomes over there high-end nectar. And if its name calls back closely or remotely those of the rare famous castles of Bordeaux in China (Latour, Lafite), it is the tumble. A bottle which would have been sold with difficulty 3 euros in France becomes a precious flask proposed between 15 and 100 euros in Beijing. «Today, we sell 60 % of our production in China, shows Yang Cheng, director of the castle Grande Mouëys.

A positive experience for Wine Market

After more than five years of Chinese investments, «the balance sheet is very positive ", congratulates himself Bernard Farges, president of the inter-professional Committee of wines of Bordeaux. In the first place, «wines of Bordeaux made a success of a historic breakthrough on the Chinese market in a few years [China became the first importer of wines of Bordeaux] ". Secondly, «it allowed several families to sell properties which did not find buyers ", indicates Jean-Luc Coupet, of the cabinet Wine Bankers, reference in the wine-making deals.

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