March 18,2015

Chateau Renon

The Chinese have been accumulating ownership in 100 Bordeaux Chateaus such as Chateau Renon in Cadilac. Surprisingly this only represents 1.3% of the approximately 7,400 Bordeaux Chateaus. However, the Chinese are the second largest foreign owners of Bordeaux chateaus with Belgians being the number one foreign owners.

Will this cause a Future Bordeaux wine shortage?

80% of the wine produced from the Chines chateau owned chateaus are exported to China. Will now the middle range of Bordeaux chateaus start do the same? These Bordeaux wines are commanding up to 10 times the going price in France.

Stay tuned.