China's Wealthy Wine Drinkers Help Revive Australian Vineyards
Oak barrels are stored at the Capercaillie Wine Co. cellar in Lovedale, in the Hunter Valley region of Australia, on Tuesday, Oct. 18, 2011. Australian vineyards, facing a wine glut, slumping exports and rising competition from countries including Chile and Argentina, are turning to China for salvation. Chinese buyers are proving receptive as they seek to meet surging demand among the nation's rich, who are developing a taste for grape wine and the expression of wealth it conveys. Photographer: Ian Waldie/Bloomberg via Getty Images
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130625121
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18 October, 2011
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CHINA AUSTRALIA WINE