Wine dealing is rather an game than investment in China

By   2010-12-13 13:35:37

“Wine dealing is rather an game than investment.” Said Mr Tang, a wine distributor in Shanghai.

Mr Tang started his wine business since 2005. The rising price of wines have bringing him great profits.  Take Lafite Rothschil for an example, a bottle of Lafite Rothschil 1982 cost around 9000 yuan, now it has risen to 40,000 yuan. In some places, it is sold 50.000-60.000 yuan, an increase of 300% in five year.
 
According to a wine distributor in Hangzhou, Chateau Lafite Rothschild rises fastest in prices among all the others. Lafite wines are bought at very high prices as decent gifts for some people. It is concerned for some people who look for good business to invest in. Will wine become a hot investment in near future in China? One of the universal opinions is that wines produced by the French First Growths are very worthy to put money into.


From cnwinenews.com
  • YourName:
  • More
  • Say:


  • Code:

© 2008 cnwinenews.com Inc. All Rights Reserved.

About us