Fine wine investment: Petrus and the Fire Rooster

19th January, 2017 by Philip Staveley

We were interested to see a headline in the Evening Standard last week whose article ran rather along the lines of the UK retail sales being boosted by Chinese visitors. The statistics behind these assertions show tourist arrivals from the Middle Kingdom rising at a prodigious rate, flight bookings in January 2017 for example were up 81% over 2016.

There are several reasons for this, notably a lubrication in the Chinese foreign travel visa system as well as the relative cheapness of sterling, but the driving force behind it is the burgeoning middle class in China.

Amphora Portfolio Management was lucky enough to have as a visitor in the first week of the year one of its Chinese partners, this one from Guandong province bordering….

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