CHINA: French wine prestige holds sway over rivals
CHINA: French wine prestige holds sway over rivals
Apr 6, 2011
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French wine producers enjoy a prestige among China's fledgling wine drinkers that is threatening to drown out opportunities for other foreign producers, according to Rabobank. France is the "epitome of wine" in China and French producers have been gaining market share at the expense of rivals in Australia and the US, Rabobank said in its latest quarterly wine report, published this week.
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