A Chinese buys top winery in Bordeaux

Featured

Chinese businessman Peter Kwok bought a prestigious grand cru in Bordeaux region, one more gem in his growing collection of French wines Chateaux.

Peter Kwok

The transaction was signed in the last days of 2017. Bellefont-Belcier, already bought by a Chinese in 2012 had been sold to a Cypriot in 2015. A new page is written for this area of Saint-Laurent des Combes in Gironde, which aims to make quality and the highest steps of Saint-Emilion.

Bellefont-Belcier, it is a great name of Saint-Emilion, a classified growth which was the first classified growth bought by a Chinese industrialist in 2012. This property of 13,5 ha is located between the Château Larcis Ducasse and the Château Roteboeuf, on the west of Saint-Emilion, not far from Château Pavie 1er cru classé A

Bellefont Belcier is the 7th castle acquired by Peter Kwok, after Château Tour Saint Christophe, Château Haut-Brisson, Château La Patache, Tourmaline Enclosure, Enclos de Viaud and Château Le Rey, Peter Kwok, is a businessman from Hong Kong, born in Vietnam. He never hid his love for French culture. He was the first “Chinese” investor to buy a vineyard in its entirety in 1997 with Château Haut-Brisson.

Like other areas, the vineyard will be managed by the team of Vignobles K with Jean-Christophe Meyrou as general manager whose goal is to bring Bellefont-Belcier to a higher level of quality.

According to the French renowned expert the property  has welcomed VIP guests including Royals, namely Juan Carlos of Spain.

https://twitter.com/Dupont_LePoint/status/949010901994270721

Advertisements

Russians lead among buyers of Italian wines

Featured

Exports of Italian wine reached a record six billion euros ($7.2 billion) in 2017, up 7.0 percent on the previous year thanks largely to Russia, Italy’s largest agricultural union said on Wednesday.
They are interested in everything from the full-bodied to the fruity were glugged with glee in established markets, with sales up eight percent in Britain, six percent in the United States and three percent in Germany.

Sales in China increased by 25 percent, though they were still relatively limited compared to the import of French wines.

But Russia proved the most partial to an Italian glass or two, with sales there leaping 47 percent on a 12-month comparison.