Chinese investors have been picking off Bordeaux's best, to satisfy a growing thirst back home
As the global economic downturn hits Western demand for French wines, Chinese buyers are being viewed as the saviors of the industry.
The Bordeaux wine region, most recognized by Chinese consumers, has seen a three-digit growth in its exports to China since the country overtook the UK and Germany to become its largest client in 2010.
According to figures released by the Bordeaux Wine Council, or CIVB, China imported 58 million bottles of wine worth 334 million euros ($410 million) from Bordeaux in 2011 - an increase of 103 percent on the previous year. The sales value generated from the Chinese market, including Hong Kong, now accounts for 35 percent of Bordeaux's total wine exports.....