8 years to start of China-Bordeaux Boom

WINE TALK
1

Today is 8 years to the day Hong Kong dropped it’a tariffs on wine to zero - sparking one of the biggest booms for Bordeaux prices. Although initially contained by the financial crisis - the increased demand on fixed supply top Bordeaux wine prices peaked in June 2011.

2

Another Chateau gets bought by a Chinese billionaire, the founder of Alibaba.

3

Thanks for posting this and I’d say part of it is probably Jack wanting to get out of Chinese RMB. He just purchased a house in Hong Kong for 200mn which is most likely not worth half that amount. It seems the trend is accelerating with football (soccer) teams paying insane amounts of Euros for overseas players.

4

Great. How long until lead gets used for the capsules, lead paint on the bottles, and the quality equivalent of knock off wine goes in the bottles?

5

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About 50 years… ago