China slowdown knocks Bordeaux wine exports in 2013
Decanter.com.- A new restraint towards fine wine in China was largely responsible for a drop in Bordeaux exports last year, according to new figures released by the CIVB. Bordeaux’s wine council, the CIVB, said wine exports to China dropped by 16% in volume and 18% in value last year, a drop of €60m versus 2012. China and Hong Kong still represented around 23% of all Bordeaux sales, and China remains the largest importer of Bordeaux wine by volume, and second…