vendredi 20 juin 2014

Wine in China : Chinese buy French vineyard

Wine in China : Chinese buy French vineyard

While the purchases of French vineyards by Chinese private individuals and while the installations of French vineyards in China became frequent, here is an event which could well start a new wave: a Chinese domain has just acquired(bought back) the majority of the capital of the Castle Trianon to Saint-Emilion.
The year Enda, owner of the Castle Kinschab and Jin Sha Winery in Inner Mongolia (in China, as its name does not indicate it) has just taken control the Castle Trianon.
The former owner, Dominique Hébrard, keeps however parts in the castle. He had been consultant for the Year Enda in China. He was also a co-owner of the Castle Bellefont-Belcier, who was sold to the Chinese company Juxin Wine and Spirit in November, 2012.
Marc Castagnet, a French hotelkeeper based in Hong-Kong also bought parts of the castle to install a luxury hotel there.
Three co-owners, Hebrard, Enda and Castagnet wish to obtain the classification of the Castle of Trianon as Grand Cru Classé during the next revision of vineyards of Saint-Emilion.




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