Sunday, November 11, 2012

Chinese buying France, French buying China

Chinese buy France:  A Chinese business man recently bought this chateau, the only one in Gevrey Chambertin appellation, which is home to some of the world’s most prestigious (and most expensive) red wines with 26 Premier Cru and 9 Grand Cru vineyards.

French buy China: French wine and spirits maker Moet Hennessy earlier this year partnered with Shangrila Winery (a subsidiary of Chinese liquor maker VATS Group) to develop vineyards and produce a super-premium red wine in this remote region of China's Yunnan province bordering Tibet.

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