July 2011

China wine press: Oil executives, wine pumps, fakes and more

July 11, 2011 // 0 Comments

Excerpts from online coverage of the China wine scene… – (What, you expect them to drink Latour? How crude…) Andrew Higgins of The Washington Post reports on the controversy surrounding executives at massive China oil company Sinopec for having a penchant for pricey Chateau Lafite: Oil companies usually focus on barrels, but Chinese petroleum giant Sinopec is struggling to get a grip on bottles – or, to be more precise, 1,176 bottles of Chateau Lafite Rothschild and expensive Chinese liquor. The alcohol, purchased with $245,000 in company cash, has created a public relations debacle for Sinopec, China’s biggest company by […]

A Chinese buyer for Penfold’s: From April Fool’s joke to reality?

July 7, 2011 // 0 Comments

The speed of change in China is sometimes hard to fathom even if you live here. Three years ago, the April Fool’s joke on this blog was that a Chinese winery planned to acquire Australia’s Penfold’s, with faux spokesman A.P. Fu describing the two as a great fit. Fu said longer-term plans include exporting Australian grapes to China for blending with Chinese juice. “We plan to have labels that show the close cooperation between our two peace-loving nations,” said Fu, who added that one idea is a label showing a panda and a koala hugging. (See the full post here.) […]