Moet Hennessy to bottle first Chinese red wine

Moet Hennessy Estates & Wines, producers of wines including Cloudy Bay and Cheval des Andes, is due to bottle its highly anticipated Chinese red wine within the next few weeks, with an international launch due for autumn 2015. The wine, which is grown in the Himalayan Mountains in the northern reaches of China’s Yunnan province close to the border with Tibet, is made with Cabernet Sauvignon grown at altitudes between 2,200 metres and 2,600 metres above sea level.

Reblogged 1 year ago from www.winebiz.com.au

Wooing the high value Chinese traveller

China is on the verge of an outward tourism boom as middle-class incomes surge. Already New Zealand has begun to chalk up more business as more high-quality Chinese tourists spend more time (and money) during their visits here, especially on food and wine. CLSA reckons that outward tourism boom will gather pace as the country’s per capita GDP approaches a tipping point of US$8000, which will lead to a massive increase in discretionary spending power across the Chinese middle-class.

Reblogged 1 year ago from www.winebiz.com.au

Hort productivity rivals dairy in NZ

NEW Zealand’s fruit and vegetable production has exceeded $7 billion for the first time, with exports now valued at $3.9b. Horticulture is more productive per hectare than the dairy industry, the country’s largest export income earner. HortNZ says its $3.9b export returns out of the $7.16b production total are derived from 123,000 hectares of land, versus dairy exports of $16.9b from 1.7 million ha. CEO Peter Silcock said they were not out to “bag” dairy, but the reality was that exports generated per hectare were high compared to other land uses.

Reblogged 1 year ago from www.winebiz.com.au