Subscribe free to our newsletters via your
. Farming News .

Bordeaux gets Chinese hangover
by Staff Writers
Bordeaux (AFP) March 13, 2014

Sales of Bordeaux wines slid by 1.4 percent last year, with exports dropping by 6 percent as Chinese drinkers cut their purchases by nearly a fifth, winemakers said Thursday.

While the volume of wine from the southwestern French region sold edged up 0.3 percent to 557 million litres, or 742 million bottles, by value it slipped 1.4 percent to 4.24 billion euros ($5.9 billion), the CIVB association of Bordeaux winemakers said.

Exports fell 2 percent by volume to 213 million litres, and by 6 percent in value to 2.14 billion euros.

CIVB president Bernard Farges blamed the slump in exports on "the slowdown in China which has had exponential growth since 2005".

Sales in China fell 16 percent by volume and 18 percent by value, a drop of about 60 million euros. China and Hong Kong together account a quarter of Bordeaux's exports.

A crackdown on corruption by China's new leadership has hit sales of Western luxury goods as lavish gifts were often used to curry favour with officials.


Related Links
Farming Today - Suppliers and Technology

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Subscribe free to our newsletters via your

Fertilizer in small doses yields higher returns for less money
Urbana IL (SPX) Mar 10, 2014
Crop yields in the fragile semi-arid areas of Zimbabwe have been declining over time due to a decline in soil fertility resulting from mono-cropping, lack of fertilizer, and other factors. In collaboration with the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), University of Illinois researchers evaluated the use of a precision farming technique called "microdosing," ... read more

China satellite finds 'suspected crash site' in Malaysia jet hunt

Sub-meter satellite-derived bathymetry now commercially available

NASA Radar Demonstrates Ability to Foresee Sinkholes

Satellite Sees Winter Storm March Over Mid-Atlantic

McMurdo Announces Global Availability of Maritime Fleet Management Software

Fifth Boeing GPS IIF Spacecraft Sends Initial Signals from Space

Russia to deploy up to 7 Glonass ground stations outside of national territory in 2014

Northrop Grumman Awarded U.S. Military Contract for Navigation Systems

Deer proliferation disrupts a forest's natural growth

Australian PM says too much forestry 'locked up'

Pine forest particles appear out of thin air, influence climate

UNEP launches global platform to protect forests

Maverick and PPE To Make Small-scale Methane-to-Methanol Plants

Boeing, South African Airways Explore Ways for Farmers to Grow More Sustainable Biofuel Crops

MSU advances algae's viability as a biofuel

Entomologists update definitions to tackle resistance to biotech crops and pesticides

EU edges towards renewable energy targets

SolarBridge Technologies Secures Funding To Support Expansion Efforts

High-Concentration Solar Photovoltaic Systems to Reach Greater Efficiencies

Promising News for Solar Fuels from Berkeley Lab Researchers at JCAP

Taming hurricanes

Wind farms can tame hurricanes: scientists

Draft report finds no reliable link between wind farms and health effects

Czech wind power generation up 'disappointing' 15 percent in 2013

Your money or your life: coal miner's dilemma mirrors China's

Societal Benefits of Fossil Energy to be at Least 50 Times Greater than Perceived Costs of Carbon

Goldman Sachs pulls out from Pacific coal export project

Colombia stops Drummond coal shipments over environmental row

Daring 'urban explorers' get high on history

Dalai Lama asks China to ease censorship

China two-child policy not imminent: official

Art with a punch: China's Liu Bolin

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.