Before I delve into today's topic, just a quick update on my last post. It seems that Brussel's concern about labeling is not impressing European consumers. In a report just released by the European Food Information Council and published in the Journal of Public Health, it states that only 16.8% of consumers looked at nutritional information on labels. Say no more.
We all know that the Australian wine industry is going through a bit of a hard time and we also know that there is a potentially sizable market in China, but is selling out to the Chinese the answer? Doing business in and with China runs into many governmental snags. It is after all a communist regime running the show. Good for Google for taking a stand. Google stated that hackers had tried to infiltrate its software coding and e-mail accounts of Chinese human rights activists. Of course the Chinese immediately condemned the US and Google.
China has a "one child" policy whereby only one child per family is allowed to be born. Forced sterilizations and abortions, especially of baby girls, are not uncommon. Boys are favored over girls. Now there is a problem in the making. Women in the wonderful world of wine are becoming increasingly more important. Starting with some outstanding women wine makers, sommeliers and above all consumers. Maybe that trend will not be possible in China. There won't be enough women around.
Meanwhile back in Australia.... It seems that Chinese communism with a small 'c' is embracing Capitalism with a big 'C'. Chinese companies loaded with cash from state owned banks are on a buying spree in Australia.
Australia pioneered the cute and cuddly critter labels. Look no further than the very successful Yellow Tail with the Wallaby on its label. So can we expect to see the Koala bear replaced by the Panda bear? Click on the pics to get a closer look at these two famous icon bears from both countries. Good luck and best wishes to our Aussie friends!
2 comments:
It is a big question of economics, indeed. Do you trade with another country; eventhough you don't believe in their politics? It is difficult in this case due to the vast economic potential of China. I'm sure many other countries have had to ask themselves this question when dealing with the USA as well as other large economic powers. Do you swallow your opinions to fill your wallet?
Thanks for provoking thought, Wilf.
SB
Oh, and the bears are sooo cute!
SB
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