CHANGE MARKET : LOS ANGELES
China and Bordeaux: A Perfect Match
China is now the world’s largest importer of Bordeaux wine causing an increase of exports of the much consumed French wine. China has now outranked Germany as Bordeaux’s largest importer and sales have increased to over 85 percent.
The majority of the increase of exports comes from chateauxs which sell the wine below the usual sale price. Hong Kong still remains the number one importer for Bordeaux but China is slowly catching up. China now buys 10 percent of all exports of the wine . Sales since 2010 rose 14 percent and the number is steadily rising.
Sep 23, 2011 4:22 AM
The French region of Bordeaux is synonymous with wine, but at a recent blind tasting in Beijing, wine from Bordeaux was ranked lower than wine from a northern region of China that began growing grapes for wine just 10 years ago.
With China's booming economy, it's no wonder it's the world's largest market for luxury goods, and that includes luxury timepieces, according to the China top Wristwatch Report.
Dartz, a Latvian automaker known for its outstanding, personalized, armored cars, is making a special version of its Prombron SUV in celebration of the Chinese New Year
In a time of financial crisis, prospective customers of luxury yachts no longer feel filthy rich. The solution if you're luxury yachtmaker Ferretti? Let a Chinese company buy you.
Extremely wealthy Chinese investors have been snapping up Bordeaux wine estates, right in the heart of France’s most exclusive wine country. Five new chateaus have just been sold, in addition to the 12 that are in various stages of acquisition by Chinese investors.
Howard Schultz, Starbucks CEO, recently announced that China is set to become the company’s largest market outside of the U.S. Starbucks has more than 500 locations in China catering to the specific market by introducing products that appeal to local tastes.
China is competing with India to have the world's biggest gold market in 2012 as it slowly emerges as the new superpower in the international gold industry.
Polo has always been an illustrious sport and now, with waves of new wealth sweeping across China, the country has seen a proper uprising of the sport on their own turf. The inaugural Goldin Gold Cup polo match on Saturday, July 2 brought crowd of colorful hats, high fashion, and China’s nouveau r...
Despite a continuously growing demand for luxury items in China, high-end brands are having a hard time keeping up because there is a shortage of prime real estate in the nation.
The Venetian and the Palazzo kicked off the second annual Festivino, a celebration of Bordeaux throughout October, with a wine tasting event tonight in the Palazzo waterfall atrium and gardens.
MOST POPULAR
Will Smith is back on the Silver Screen today as the iconic Agent J in ‘Men in Black 3.’
Mary Fanaro of OmniPeace shares her Los Angeles secrets with Haute Living. Find out where Mary shops...
© HAUTE MEDIA GROUP 2011

