There is no doubt that the No.1 buzz in the wine world is Asia’s sudden conversion to wine. Not so long ago this was a region where whisky, cola, rice wines and domestic grape wines of dubious quality reigned supreme. Today, as I write, it is announced that China is the fastest growing wine importing market in the world – consumption increased 100% between 2005 and 2009. The great wine auction houses, both in the US and UK, Ackers, Zachys, Sotheby’s, Christie’s all look to their Hong Kong offices for growth. Meanwhile, monied Chinese collectors have forced prices to unheard of levels. At the end of last year a case of Lafite 2009 – not yet bottled – went for over £42,000 at a HK auction.
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