The purchase of Chateau Quercy in Saint-Emilion by an unnamed Chinese industrialist came close to not happening, DecanterChina.com has been told.
Chinese wines have demonstrated their rising presence on the international stage by winning 19 medals at the 2014 Decanter World Wine Awards, including one coveted Regional Trophy.
[Feature] Chinese consumers will continue to be big buyers of Bordeaux's grand cru classe wines, despite still nursing a hangover from 'irrational exuberance' surrounding the 2009 and 2010 vintages, says the chief executive of ASC Fine Wines.
China's extreme weather poses the biggest threat to the country's ability to produce top wines, according to consultant Michel Rolland.
Champagne producers are still fighting to stamp out imitations in China, a year after the country's government agreed to recognise their wines as coming from just one region in France.
The idea that Greater China is beset with fake versions of fine wines is in danger of being overblown, according to the head of wine sales in the country for auction house Christie's.
Prospective Asian buyers of Bordeaux chateaux packed a seminar room at Vinexpo Asia-Pacific this week to learn about the process of purchasing an estate - suggesting more deals are on the horizon.
Chateau Angelus is marking its promotion to Premier Grand Cru Class 'A' status by packaging the 2012 vintage in a one-off gold-emblazoned bottle, the Saint Emilion estate's owning family announced at the Vinexpo Asia Pacific show.
The value of wine imported to Hong Kong in 2013 failed to rise on 2012, but regional officials used the opening of Vinexpo Asia-Pacific to re-emphasise the region's growth story since abolishing duty tax on wines in 2008.
Don St Pierre Jr, the co-founder of ASC Fine Wines, will step down as executive chairman of the China-based importer from next month.