Roll out the barrels

China's Bright Food Group says it is not in talks to buy Australian wine assets, denying a media report that it was in internal talks on bidding for Australia's Treasury Wine Estates.

The Chinese company says it may consider buying wine assets in Australia, France, Chile and the United States in the future.

Treasury Wine was spun off to its shareholders by Foster's Group in May, after the brewer failed with an expansion into wine that resulted in nearly $3-billion in write-downs.