China

Hong Kong company purchases Château Fauchey

Profitsun Holdings (Hong Kong), a Chinese property investment company, has purchased Château Fauchey in Cadillac Côtes de Bordeaux for an undisclosed amount.

China and the US lead Australian wine export growth

Australian wine export value increased by 10%, the equivalent of AU$201 million, to AU$2.31 billion in the financial year 2016-2017, underpinned by strong export growth to China and the US.

China’s COFCO searches for new GM for Great Wall

China’s state-owned COFCO, the parent company of the country’s leading wine producer Great Wall, is looking to recruit a new general manager for the winery.

Pape Clément hails success of its EP strategy

Château Pape Clément, the historic Bordeaux estate in Graves, has declared its 2016 en primeur campaign a success with its wines selling out within half a day, an achievement it puts down to its consistent pricing.

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