Champagne exports to China will outstrip the US within 15 years

By   2010-8-5 10:29:49

Pierre-Emmanuel Taittinger, the Taittinger chief executive predicted that Champagne exports to China will outstrip the US within 15 years.  

And he expects Champagne sales to rebound this year, aided by the weaker Euro, restocking in the supply chain and surging demand in emerging markets.

'China is the new United States,' he said. 'There is no doubt that it will be a strong market in 15 years. It will be much better than the US.'

And he said that 'nothing is better' than a glass of Champagne to help forget the stress and pressures of the modern world.

'We are an affordable luxury. For one hour we can behave like the Queen of England.'


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