buysellstoragebrowse portfolio
explore by region
new wines
current offers fine wines
fine wine events
F+R Blog
Market Data

Who We AreHow We Work FAQsInvestingHong KongTeamCareersContact us

T: +44 (0)20 8960 1995
 
Download full wine list:
 
 

 
 
 
Burgundy looks to 'conquer China'

Vineyards in Burgundy are "drawing battle lines" as they fight for a share of the growing Chinese market.

This is the conclusion that Decanter draws from the 2010 Hospices de Beaune barrel auction, where Burgundy marketing body BIVB announced a £400,000 budget to "conquer China".

The group's president Michel Baldassini said in a pre-auction press conference that it was vital that Burgundy gained ground in China before New World wines made their move.

However, Mr Baldassini insists that Burgundy will not be neglecting its traditional customer base.

"We won't be putting all our eggs in the Chinese market. The prices of the top Bordeaux have gone too high – it's artificial. And when that happens, you can get a hard landing," the publication reports him as saying.

Now is a good time for Burgundy to be looking to build its profile in China, as the 2010 harvest is expected to produce excellent wines.

Experienced American Wine Society member Dave DeSimone of the Pittsburgh Tribune said that weather conditions this year have resulted in a crop capable of "excellent balance and elegance".



Enquiry

 
For:
 

Thank you for your enquiry, do you wish to proceed

 
 
 
Burgundy vineyards want to follow Bordeaux chateaux into China.
Burgundy vineyards want to follow Bordeaux chateaux into China.
Burgundy vineyards want to follow Bordeaux chateaux into China.