Latest News:  
Beijing   Heavy rain to rainstorm/Light rain    20 / 26 ℃  City Forecast

English>>China Business

Grape expectations from Argentina (6)

By Zhou Siyu  (China Daily)

14:22, September 03, 2012

Since the partnership was formed in 2011, sales of Catena Zapata's wine have increased steadily, Crotta said. "We are working closely in China to avoid infringements of our wine," he added.

People with experience in the industry, however, do not encourage winemakers to concentrate on China's big cities such as Beijing, Shanghai and Guangzhou. "Competition in first-tier cities such as Beijing and Shanghai is very fierce. There is only limited space for a newcomer such as Argentine wine," said Antonio Mompo from Wines of Argentina.

With nine years of industry experience in China's market, Mompo was convinced that the real business potential for the wine industry lies in China's emerging second- and third-tier cities, where increasing disposable income enabled the residents to try some affordable foreign wine.

"Rutini's success is very telling - just one province in China is enough to push up its sales," Mompo said. "China is a continent in terms of business strategies. It is very complicated and all its submarkets are very important," he added.

Submarkets, in the meantime, may also have lower thresholds. It does not require a big brand promotion to enter these markets, which means there are opportunities for small wineries. Krontiras is a small winery in Mendoza and this year it managed to send a container of premium wine to an importer in Northwest China's Shaanxi province.

"This is our first container to China. We hope this could lead to something and we are very optimistic," said Thanassis Vafiadis, manager at the winery.

【1】 【2】 【3】 【4】 【5】 【6】 【7】

News we recommend:
Chinese brands on the rise Rare Earth Resolution Another realty boom not needed
Tapping the Potential of China-U.S. investment Mixed outlook on cost of homes Joining the 500 Club
A ruling in Europe gives cheer to China  Stronger Sino-US trade links vital Steel producers face bleak months ahead


Related Reading

Leave your comment0 comments

  1. Name


Selections for you

  1. Migrant workers' kids say goodbye till next year

  2. Lovely animals all over the world

  3. Answering the E-Waste Question

  4. China Giant Panda Valley

  5. Arnold Schwarzenegger The Monster Truck Show

  6. Olympic champions in spotlight for lavish rewards

Most Popular


  1. All officials must work to change negative image
  2. Right wing in Japan poisons Sino-Japanese ties
  3. Editorial: Wary of investment risks
  4. Why political solution to Syria's crisis always fail?
  5. Can trust again build Sino-Russian bridges?
  6. Rumors more credible than officials for netizens
  7. Commentary: Domestic demand engine for growth
  8. Taiwan's position key for Diaoyu Islands issue
  9. Carrier not right envoy for South Pacific
  10. Commentary: Another realty boom not needed

What's happening in China

New giant tower branded 'pants'

  1. Hunan denies kids used in GM food test
  2. Peking University to sue former professor for libel
  3. Migrant workers' kids say goodbye till next year
  4. Courts of original verdicts to hear retrials
  5. More groups can litigate in public interest

China Features

  1. Regimen: spleen-friendly diets during White Dew
  2. Watch out hay fever during Bai Lu
  3. Man pricked by syringe with HIV
  4. Large windmill in northern Shaanxi Plateau
  5. Japan aids armed forces of China's neighbors

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture