Showing posts with label Chinese wines. Show all posts
Showing posts with label Chinese wines. Show all posts

Friday, January 29, 2010

Chinese Wine Made in Australia...!

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!






Monday, June 18, 2007

100 Point Wine = 100 % plus increase in price!

Two of the most distinguished "Grand Ladies of Wine" have spoken out on the future and pricing of Bordeaux wines. Baroness Philippine de Rothschild, at a lavish dinner at her Chateau Mouton Rothschild spoke of her concerns about the Bordeaux wine trade and suggesting wine was not for investing but rather for drinking.
Meanwhile Jancis Robinson in a podcast conversation with Berry Bros and Rudd's Bordeaux sales director Simon Staples, openly states "I hope 2006 will not be a success. I hope it will really show the Bordelais the shortcomings of the system" Listen to the podcast.
Could these excessive prices be blamed on the Emperor? You can find an interesting observation on pricing and who is to blame over on Slate . However the status seeking nouveaux riche in China, Russia and other Asian countries are driving prices into the stratosphere as well.
According to Timothy Tong ( that name has kind of got a ring to it, doesn't it? ) imports to Asian countries will increase dramatically. Imported wines make up only 5.6 % of Chinese wine consumption. Currently there are over 500 wineries in operation in China. The top 10 Chinese producers make around 10-12 million litres of wine annually. Expect plantings to increase as the Chinese become a wine consuming society. I recently had the opportunity to taste the the 1997 Cabernet Sauvignon from China's Great Wall vineyards. Certainly not great but quality will improve dramatically over the next decade. Then watch for a flood of their wines to hit the export market. A survey carried out for Vinexpo 2007 by the London-based International Wine and Spirit Record (IWSR) predicts global wine sales will increase 45 percent by 2010 and production by 41 percent with subsequent price increases. Europe's wine lake may be drained but is there a new one in the making behind the Great Wall of China?