The Bordeaux Wine Trade – Intellectual Property Even The Chinese Can’t Replicate
The Bordeaux Wine Trade – Intellectual Property Even The Chinese Can’t Replicate
Jun 29, 2011 6
China imported 33.5 million bottles of Bordeaux wines worth $475m in 2010. No wonder the price of an average 2008 Grand Cru Classé at a small St Emilion merchant’s tasting outlet defies current European economic logic at an eye watering €49 a bottle. With the nouveau riche from India and Russia adding to the upward price pressure, Bordeaux can afford at least for the moment to ignore the complaints of budget-conscious developed-world wine buffs that
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