China invades Bordeaux
China invades Bordeaux
Jun 29, 2011
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The January purchase of Château Latour-Leguens in Entre-Deux-Mers by a Chinese trading company might have passed under the radar of many observers of the wine industry, but over time the deal has taken on ever-growing significance: it marked the first Chinese purchase in Bordeaux and now investors from the East are continuing to infiltrate the global wine map.
Bordeaux has seen a raft of Chinese investment, with the region gaining popularity with investors from the East due to its connotations with top-end luxury and expensive investments.
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