It's now becoming such a fact in the wine world that I'll be very reticent to post much news about it in the future, but in case you haven't noticed, wine is becoming huge in Asia. First of all, you have the staggering size of production going on in the region. Who knew that China was the world's 6th largest wine producer, producing more than Germany, South Africa, Chile, Austria, or New Zealand? A recent trade partnership between China and Chile, and talks of Chinese investment in the Chilean wine industry indicate China's interest in participating in the global wine market, not to mention hint at increasing demand. Experts predict healthy 20% annual growth rates in consumption as largest consumers of Beaujolais Nouveau in the world, passing even the United States and Britain in their imports of the fresh purple stuff.
And in case anyone in California thinks the Asia Effect is something that's happening elsewhere in the world, we're already seeing co-investment, collaboration, and consulting start happening between China and Napa.
What will happen when China and India can make wine that is as good as Yellow Tail and as easily available? The answer is: scary things. Let's just say I wouldn't be investing in the Australian wine market anytime soon. The late 80's saw the Asian Economic Boom. The late 00's will see the Asian Wine Boom. Mark my words.
A wine book like no other. Photographs, essays, and wine recommendations. Learn more.
Putting a Cork in Your Thanksgiving Wine Anxiety Plumbing the Depths of Portugal: A Tasting Journey Vinography Images: Rain at Last The Mysterious Art of Selling Direct Critical Consolidation in Wine What Has California Got Against Wineries? Dirty Money for a Legendary Brand Vinography Images: Tendrils Highlights from Tasting Champagne with the Masters Off to Portugal for a Drink
Masuizumi Junmai Daiginjo, Toyama Prefecture Wine.Com Gives Retailers (and Consumers) the Finger 1961 Hospices de Beaune Emile Chandesais, Burgundy Wine Over Time The Better Half of My Palate 1999 KirÃ¡lyudvar "Lapis" Tokaji Furmint, Hungary What's Allowed in Your Wine and Winemaking Why Community Tasting Notes Sites Will Fail Appreciating Wine in Context The Soul vs. The Market 1989 Fiorano Botte 48 Semillion,Italy