Chinese Wine Drinkers Send Prices of Special Vintage Wines Soaring
For more news and videos visit ? ?english.ntdtv.com Follow us on Twitter ? ?http Add us on Fac...
[LESS INFO] 2 VIEWS | ADDED 22:43:50 09/01/11
Chinese Wine Drinkers Send Prices of Special Vintage Wines Soaring
For more news and videos visit ? ?english.ntdtv.com Follow us on Twitter ? ?http Add us on Facebook ? ?facebook.com The price of wine is rocketing as more ordinary Chinese people acquire a taste for good wine. Wine from France's top chateaux have always been popular with drinkers and investors, but growing interest in China has seen special vintages selling at record high prices at auctions. Here's that story. Two years have gone by since the Chateau Margaux's 2009 grape harvest. Now its wine is just ready for bottling. The Bordeaux winemaker%mdasha "first growth" wine estate produces one of the best quality wine. Its wines have always been popular with wine connoisseurs and investors. Now prices are soaring because of the Asian's growing taste for good quality wine. According to Sotheby's global head of wine, Asians buy to drink, not to invest. [Serena Sutcliffe, Sotheby's Head of Wine]: "They serve it at meals with friends, and they give it as presents. But they have concentrated on what are known as the first growths in Bordeaux and also things like the top second growths and that's where the real concentration has been and it has really enhanced that market." Chateau Lafite's wines are leading the way into the growing Chinese market. Sotheby's Hong Kong auction sold three bottles of the 1869 Lafite-Rothschild for more than $230000 each at the end of last year. A dozen bottles from 1998 are expected to fetch about $13000 in October. [Serena Sutcliffe, Sotheby's Head of ... From: NTDTV Views: 109 3 ratings Time: 02:56 More in News & Politics
Episode 109 - Twitt...
5 Views 00:00:00 10/21/09
Guest co-host Bekah Ferguson joins us as we take a look at Twitter's new fundraiser: selling Pinot Noir for literacy. We also answer a handful of viewer questions ...
[LESS INFO] 5 VIEWS | ADDED 00:00:00 10/21/09
Guest co-host Bekah Ferguson joins us as we take a look at Twitter's new fundraiser: selling Pinot Noir for literacy. We also answer a handful of viewer questions that arrived by email, and take care of those who posted questions in the chat room. This was a special pre-recorded episode as Bekah and Robbie celebrate their 8th wedding anniversary the night of the broadcast. This is a one-hour live show that also answers viewer questions, so a lot of topics are covered within the show. See the page for all topics covered.