Chinese interest in lower-ranking chateaux increasing, say Bordeaux negociants
Chinese interest in lower-ranking chateaux increasing, say Bordeaux negociants
Oct 21, 2011 6
(Decanter) - While the market for the very top end of Bordeaux is correcting itself in China, interest in the lower end is increasing, Bordeaux negociants say. Both CVBG Grands Crus and Vintex have told Decanter.com they are seeing ‘very strong interest’ in the 5th growth and Cru Bourgeois wines retailing at around €20.
Philippe Larché, one of the partners in negociant Vintex, which does 15% of its business in China, said wines like 5th growths Croizet-Bages and Pedesclaux in Pauillac, or Cantemerle in Medoc, were selling well in China
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