Chinese investors have been become the second largest buyers of French wineries in the world, according to French winery real estate company VT.
Foreign investors have purchased 12,000 hectares of French winery land (one hectare is 10,000 square meters). 21% of the foreign owned land was bought by Chinese investors, and 22% is British owned.
The wineries purchased by Chinese investors are almost all located in France's Bordeaux region. 193 wineries in the region, or 47% of wineries, have been purchased by Chinese. British investors prefer the Languedoc region.
The International Vine and Wine Organization has reported that China itself is the world's second largest wine producer, with 800,000 hectares of growing land in 2014.
Source: thepaper.cn
Warning：The use of any news and articles published on eChinacities.com without written permission from eChinacities.com constitutes copyright infringement, and legal action can be taken.
Keywords: chinese investors Bordeaux Bordeaux wineries
All comments are subject to moderation by eChinacities.com staff. Because we wish to encourage healthy and productive dialogue we ask that all comments remain polite, free of profanity or name calling, and relevant to the original post and subsequent discussion. Comments will not be deleted because of the viewpoints they express, only if the mode of expression itself is inappropriate.
Please login to add a comment. Click here to login immediately.
And will the Chinese also get proper wine-making techniques? Polluted grapes isn't the only reason why Chinese wine tends to be vile. I'm seeing French wine-makers trying desperately to explain that you shouldn't be dumping sugar and tiger penis into a barrel of red wine, while the Chinese yell at them about how no foreigner is going to tell them what to do, since they're rich and important.
Jun 12, 2015 10:41 Report Abuse
Making wine is an art, but it also includes running the business correctly. The Chinese are new to this. Only time will tell if this works out for the benefit of everyone involved... sellers, buyers, stockholders, etc.
Jun 12, 2015 10:36 Report Abuse
Forget Bordeaux wines, it's Great Wall for western men and women and Changyu Sweet Red for Chinese ladies
Jun 12, 2015 05:35 Report Abuse
Go buy Bo Xilai's French villa. LOL Mainlanders would go crazy with wines produced from vineyards bought with corruption money. Creative money laundering, drink your dirty money. Ganbei. Qui est la vie chinois! LOL http://www.echinacities.com/news/Bo-Xilais-French-Villa-Up-for-Sale
Jun 12, 2015 00:15 Report Abuse
Sign up with
Google
(
(