China’s COFCO Looks to Acquire Distressed Australian Winery for its “Great Wall” Brand

Having already snapped up distressed wineries in France and Chile, Chinese state-owned giant COFCO is now setting its eyes on South Australia’s Barossa Valley, with the aim of producing an Australian imprint of its Great Wall wine brand. Though China has become a key market for Australian winemakers, with exports to the country increasing 20%

French Winemakers First Chinese Winery to be Completed in Ningxia (Northwest China) in June 2013

First announced in 2011, Moët Hennessy’s Chandon Ningxia winery, which the winemaker is developing with joint venture partner SOE Nongken, is well on its way to be completed in June. According to the drinks business, the 6,300 square meter winery will be devoted to producing high-end method Champenoise sparkling white wine from locally grown Pinot