The rise of red wine in China
China is getting a taste for wine. Wealthy Chinese are paying high prices for imported bottles of Lafite, Margaux, Mouton and perhaps ... Yao Ming?
"Yao Ming's wine, if it gets a lot of attention, could really be a good kind of ambassador for California," said Mitch Frank, associate editor of Wine Spectator.
Ming launched his first wine this week - a Napa Valley Cabernet Sauvignon that costs about $300 per bottle in China. The 7-foot-6 former NBA player is a big celebrity in his homeland. Now he's lending that star power to a line of super premium wines exclusively for the Chinese market.
The Chinese government has been promoting wine as a healthy alternative to hard alcohol, and there's now a multitude of state-owned companies producing wine for the masses, Frank said. But there's also a burgeoning wine culture embraced by the "new wealthy" Chinese class.
"They are consuming it in great amounts and they're really going for the classics," Frank said.
While Bordeauxs were a common favorite, there has been a recent shift towards the wines of Burgundy, Frank said. About 40 percent of bottled wines imported to China are from France, with the United States ranked at a distant sixth place.
"There's a lot of hurdles for foreign countries," Frank said. "It can be a daunting market if you have never done business there before."
To help sidestep this issue, many wineries that do succeed have typically partnered with a local Chinese distributor. For Yao Ming, his celebrity may help attract the high-end clientele he is appealing to. The wealthy often purchase expensive, prestigious wines to give as gifts over business deals or for loved ones on the holidays.
