SWIRL: The New York Times has an interesting piece today on the fast-growing French expat community in China, particularly Hong Kong, which, with its growing wealth and hunger for luxury goods, is drawing more and more wine and other entrepreneurs eager to bring their products to the Chinese market.
SWIRL: Speaking of China, Bloomberg reports that at least a dozen Chinese investors have recently bought wine estates in Bordeaux, mostly small and sometimes distressed properties.
SWIRL: New York is planning to increase its wine presence in China. The Watertown Daily Times says hundreds of small New York wineries will have a better chance of getting exposure for their wines in China at a New York state wine outlet at the free trade zone in Shanghai. The aim will be to sell New York wines at Chinese chain stores, supermarkets and hotels.
SWIRL: In case you missed it, Jay McInerney’s weekend WSJ column on the increasing importance of sommeliers was notable for, among other things, pointing out that most sommeliers favor leaner, lower-alcohol wines because they match better with foods.
SWIRL: Bloomberg has a good read on the fast-expanding wine empire of Bill Foley, the former mortgage title executive who is buying up wineries in California and beyond.