ARTICLE: Treasury Wine Estates could uncork China plan

The place on the web to chat about wine, Australian wines, or any other wines for that matter
Post Reply
newworld
Posts: 116
Joined: Mon Mar 05, 2012 9:40 pm

ARTICLE: Treasury Wine Estates could uncork China plan

Post by newworld »

Just in case you missed this one:

_____________________________________________________________________________________________________

By Eli Greenblat

TREASURY Wine Estates, the former wine arm of brewer Foster's, could one day plant grapes and produce wine in China for the huge domestic Asian market, in line with other Western beverage groups such as Rothschild.

Treasury Wine Estates incoming chairman Paul Rayner has told online publication Decanter.com that sourcing grapes from within China was certainly a possibility in the future for the Australian winemaker.

''All those things are potentially on the agenda and may be looked at further down the track, but at the moment our focus is on importing product from established wineries in Australia and the US - which doesn't require the same level of capital investment,'' he told Decanter.com........................


Read more: http://www.smh.com.au/business/treasury ... z22ADqfQ3X

Post Reply