国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Chinese investment in iconic Australian wine region soaring

Source: Xinhua| 2018-10-27 09:38:12|Editor: Yang Yi
Video PlayerClose

CANBERRA, Oct. 27 (Xinhua) -- Chinese investors have taken an interest in a renowned wine-producing region in South Australia (SA), the Barossa Valley.

Experts on Saturday revealed that up to 10 percent of the iconic valley is now owned by Chinese nationals with Chinese interest in Australian wine soaring.

Wine Australia on Wednesday revealed that exports to China alone were worth 1.06 billion Australian dollars in the year to September, accounting for nearly 40 percent of all exports.

James March, chief executive of the Barossa Grape and Wine Association, said between five and 10 percent of vineyards and wineries in the regions were now owned by Chinese investors.

"I think the more successful enterprises have been where there's a combination of Chinese investment and a retaining of local expertise around the viticulture and winemaking," March told the Australian Broadcasting Corporation (ABC) on Saturday.

"Where the advantage has come from Chinese investment has been in that route to market, so bringing in wholesalers and customers and having local Chinese-speaking staff has really helped their brands."

The rate of Chinese ownership in the Barossa Valley, which is best known for the red wine it produces, is on the rise according to Stephen Strachan, director of Langley and Co, which specializes in wine company acquisitions.

"If I look at the last seven transactions I have personally done ... six of them have been to Chinese parties," Strachan said.

"Most probably 50 percent of the calls that we get into our office are from Chinese parties or from parties representing Chinese interests."

Chinese businessman Arthur Wang owns two wineries and a vineyard in the Barossa Valley; Chateau Yaldara acquired in 2014 for 15.5 million AUD and 1847 Wines acquired in 2010 for an undisclosed sum.

Since Wang's takeover of 1847 Wines, the company's exports have quadrupled with 90 percent of its products available in China.

Anthony Grundel, 1847's general manager, said that tours of the winery were regularly populated by wealthy Chinese individuals since Wang's takeover.

"Those guests that come actually do spend some significant sums of money on top of what they're spending in China," Grundel said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001375619111
主站蜘蛛池模板: 廊坊市| 高州市| 靖安县| 十堰市| 新余市| 开远市| 五家渠市| 甘德县| 晋州市| 东乌珠穆沁旗| 金塔县| 府谷县| 湘西| 丹巴县| 宁明县| 长阳| 宜城市| 梅河口市| 巴里| 霍州市| 仁化县| 中卫市| 盘山县| 楚雄市| 沙雅县| 临夏县| 招远市| 威远县| 郴州市| 巴塘县| 岐山县| 明水县| 池州市| 宜章县| 四平市| 宁城县| 临泉县| 吉林市| 岳西县| 万荣县| 新河县|