Chateau Lafite 'the darling of China's wealthy'
Chateau Lafite is basking in the glow of a superb performance as the Chinese taste for the wine continues unabated, according to reports.
At the beginning of the decade, a case of chateau Lafite 1982 cost £2,613, according to the Financial Times, though it has now soared to £25,000 - a none-too-shabby increase of 857 per cent.
Lafite is particularly popular in China, where it has become the wine of choice among wealthy executives who are busy buying up nearly every vintage - something which has "effectively led the fine wine market revival single-handedly", the newspaper claims.
It is unknown how long the brand's time in the spotlight will last, but a sudden knock to China's economy could have repercussions - until then, dwindling supply and constant demand spells good news for Lafite-heavy cellars.
The importance of China tow the wine economy was underlined last month, when two record-breaking auctions took place in Hong Kong.