For Their Next Trick, They’re Going to Reserve Every Hotel Room in Cancun Forever
Chinese businesses, flush with capital, are buying vineyards and chateaux in economically depressed Bordeaux. The latest: Laulan Ducos, a Cru Bourgeois chateau far, far out on the Medoc Peninsula.
It is the second to be taken over by Asian investors in little over a month, and the sixth Chinese-owned vineyard in this celebrated wine-producing region…Such is the interest that even the Chinese government has invested in a French vineyard.
(They) want wine made to their tastes: smooth, fruity and deep in colour. Hence they are not just pouring money into French wine production but are buying up the vineyards to ensure they get what they want. Then, they are sending the domain’s entire production to China.
Emphasis mine.
I don’t have a punchline here. I just find the scale of Chinese consumerism boggling. It’s not inconceivable that Chinese entrepreneurs might, for example, cut a deal to buy the oil production capacity of an entire country. With a billion captive customers and a few trillion dollars in foreign exchange looking for a home, who know?
March 30th, 2011 at 2:56 PM
This goes beyond disturbing. If there is any country in the world with worse taste than America, it is surely China. All one has to do to know this absolute truth is to taste authentic Chinese food. It is an agglomeration of poorly seasoned, funkily textured, spare animal parts that offends the senses at the most base of levels. What these people will do to fine French wine is A gastronautical nightmare of inconceivable proportions! They must be stopped!