Thursday, April 14, 2011

Fine line

The Guangdong unit of Sinopec, the largest oil refiner in China, is being investigated for spending $400,000 on expensive alcohol, including 1996 Chateau Lafite Rothschild (the most favoured Chateau in China) at $1838 a bottle. It seems we missed quite a party. At a recent auction at Sotheby's in Hong Kong, two bottles of 1945 Lafite were sold for $49,914. The Rothschilds are now producing wine in China in a joint venture with Citic. The first vines were planted in 2008 and they added the Chinese character for 8 to the labels as a celebration and also to help their marketing as 8 is considered to be the luckiest number in China.


Blogger Eurodog said...

Well, WW, the dollars signs you quote have encouraged me to keep my wine cellar intact and to have vin de table with my evening meal.

9:40 am  
Blogger Angus said...

At Rosneft they stick to Petrus.

12:55 pm  
Blogger Winchester whisperer said...

Sante ED!

They're still on petrol at BP

7:59 am  
Blogger elleeseymour said...

Would you recommend Chinese wine? Have you tried it?

5:49 pm  
Blogger Winchester whisperer said...

Hi Ellee - no and yes!

10:48 am  

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