Financial Times – June 13, 2015

“China’s Grape Rush”

By: Hannah Kuchler

NAPA VALLEY—The early morning fog floats away over the imposing Mount George, revealing Joe Chuang’s rows of Chardonnay vines running across the floor of Napa Valley. Short and neat in a dark corduroy jacket and blue striped shirt, Chuang surveys the vineyard from the balcony of a pale yellow, two-storey house…Chuang was one of the first Chinese investors to buy a Napa vineyard when he moved to the Californian wine-growing region eight years ago. Since then, many more have bought properties as they seek to sell wine to China, which consumed 1.94bn bottles in 2014…

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