Wealth and Asset Management
Australian wine industry revived by China's wealthy
Ferngrove winery, which grows Shiraz, Cabernet Sauvignon and Semillon grapes in Western Australia’s Frankland River, last year faced declining sales and the prospect of breakup if business didn’t recover. As it sought partners, a Chinese investor visited last October and bought 14,000 bottles of wine to test on friends and…
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Click here to read the full story: Bloomberg