Conquering the wine market – a Chinese businessman buys a chateau in Bordeaux

News   •   Dec 11, 2012 14:20 UTC

The purchased Grand Cru chateau is called the Bellefont-Belcier. The local land trading company reported that all trading procedures have been finalized. However, the final price tag of the chateau is unknown. Experts estimate that the total price could be from 19.5 million to 26 million euros.

Being a Grand Cru chateau makes all the difference

The Grand Cru chateaus are famous for producing the finest wines. Wine expert Xu Wei told journalists from that, "some chateaus might think their wine is better than others', so they hold a competition and those marked as grade-A are called Grand Cru."

There are three listings of Grand Cru. The most famous one was created in 1855, when Napoleon asked the wine association to list the best chateaus. This list still exists today. Unfortunately for the buyer the Bellefont-Belcier was not on Napoleon’s list.

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