China the saviour for wine glut?
China the saviour for wine glut?
Sep 22, 2010 6
The President of the Orange Region Vignerons Association says she thinks China could be part of the solution to the issues affecting Australia's wine market.
An oversupply and less consumers following the global financial crisis has put a lot of pressure on the country's grapegrowers.
But, a number of wineries have begun exporting to China in an effort to pick up new markets.
Charlotte Gundry, the president of the Orange Vignerons Association, says she's hopeful the expanding Chinese middle class could ease Australia's wine worries.
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