China – The New Market for Fine Wines
Date：2011/11/22 Click：1142 times
The Chinese love French Bordeaux, it comprising nearly half of China’s annual imports. But Chinese imports from the U.S. rose by
27% to $45 million last year, and it’s now among the leaders.
Cavavin Majestika 099 Bottle Wine CellarAustralia represents about one-quarter of China’s wine imports, with brands like Treasury
Wine Estates’ Penfolds and Pernod Ricard’s Jacob’s Creek. “Jacob’s Creek is growing by more than 23% annually. Italy, Spain and
Chile also have sizeable market share and are capitalizing on China’s broadening consumer interest in wine.We think the Chinese
would do well by storing all that foreign wine in acustomized wooden wine cabinet.
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