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
Bordeaux
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
Cult Wines has robustly denied allegations of cancelling Bordeaux En Primeur wine orders worth €20 million. The allegations, initially reported by a Chinese media outlet, has caused a huge stir among the wine trade in China, Bordeaux's largest export market. Read More
Château Mouton Rothschild has revealed its much-anticipated 2021 label, which features the original artwork by acclaimed Japanese artist Chiharu Shiota. Read More
Bordeaux exports to China including Hong Kong and Macau have dropped to record low, half of what's recorded in 2021, according to UGCG president. Read More