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Chinese buys top French vineyard in landmark deal
By Juwai, 03 December 2012
The Chateau Bellefont-Belcier estate in France's renowned Saint Emilion wine producing area has recently been acquired by a Chinese industrialist.
The 20 hectare property with 13 hectares of vines was reportedly purchased by a 45 year old Chinese industrialist at a price between US$1.95 million and US$2.6 million per hectare of vines.
The Chinese have purchased 30 wine estates in Bordeaux in two years.
Read the full story on Taipei Times.
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