How did Chateau Latour Laguens once hailed as a symbol of China’s bold wine ambitions end up as a bargain on the auction block? Our full story here. Read More
Bordeaux
Chinese customs officials have seized 670 bottles of top Bordeaux, including Lafite, Latour, and Margaux, in a smuggling case valued at more than RMB 3 million (about $410,000). Read More
A former executive of a Singapore-based wine investment company has been arrested after evading authorities for 13 years, accused of defrauding over S$12 million from wine buyers. Read More
A French court on Wednesday has ordered the confiscation of nine chateaux in Bordeaux owned by Chinese property tycoon Qu Naijie, following his conviction for laundering allegedly more than US$30 million funds from the Chinese government. Read More
Now with an average of 20% price cuts of this year' Bordeaux En Primeur, will the Chinese wine merhcants, who were largely absent from tasting week take the bite now or bail? Read More
Wine merchants from Bordeaux's biggest export market are opting out of this year's En Primeur campaign. Here's what the merchants have to say. Read More
The anti-graft watchdog in Xiamen is investigating the former deputy head of the state-owned conglomerate, C&D Group. Its wine division was once China's largest wine importer, wielding such significant influence that Bordeaux broke with tradition to accommodate the conglomerate.
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According to Federvini Vice President Piero Mastroberardino in Italy, he faults France's negociant system for squeezing profits out of winegrowers, spurning protests in France. Read More
DBR Lafite Group has been awarded nearly RMB 80 million in a landmark lawsuit case against counterfeiters, a record-breaking amount granted to a foreign wine company. Read More
Leading Bordeaux négociant Joanne is allegedly invovled in a wine smuggling case that's being investigated by Chinese authorities, according to Chinese media reports, the second time the négociant has been linked to wine smuggling. Read More
