Latest News:  
Beijing   Cloudy/Overcast    7 / 0   City Forecast

People's Daily Online>>China Society

Chaos behind profiteering imported wine market

By Dong Bishui (China Youth Daily)

15:26, March 16, 2012

Edited and translated by People's Daily Online

Imported wine has been so popular recently in China that it has become the synonym of good health, luxury, and elegance which can bring you a romantic feeling.

But unexpectedly, what behind the apparent prosperity is shocking lies and deceptions:knockoffs, adulteration and blending. Some domestic bottling wine was sold as original one and low-end products sold as high-end ones.

Among the imported wines, Lafite and Castel are the most counterfeited brands. There are more than one hundred kinds of knockoffs derived from Lafite, such as Chateau Lafite Rothschild, Carruades de Lafite, Lafite Legende, Lafite Saga, prices of which range from 100 yuan to tens of thousands yuan. And Castel is also troubled by its numerous knockoffs. Furthermore, some business men even concoct Castel-Lafite by combining these two world famous brands.

The annual production of Chateau Lafite Rothschild is 240,000 bottles, of which, at most 50,000 bottles are exported to China. However there are two million bottles of Chateau Lafite Rothschild sold annually in China.

Besides, huge profits also aggravated the market chaos. Xu Jianming, the chief secretary of Consumer Protection Committee of Zhejiang province, said that the wholesale price of imported wine is about 20 times of its CIP (Carriage and Insurance Paid to) and the average retail price 37.5 times of that.

Email|Print|Comments(Editor:燕勐)

Leave your comment1 comments

  1. Name

LovingChina at 2012-03-16183.39.96.*
Chinese stupidity at the time of prosperity is enough to tell others in the world that these folks could also sell their own country for a few bucks!! CPC does have a tough job ahead to cultivate the minds of the rich folks, ASAP.
  

Selections for you


  1. Air force holds live-ammunition drill on Tibetan Plateau

  2. Pakistan on high alert amid terrorist attacks

  3. 'Most expensive' tea harvested in Sichuan

  4. Chinese sculptor works on Martin Luther King statue

Most Popular

Opinions

  1. Why China can't persuade N.Korea alone
  2. WTO's raw materials ruling reveals bias
  3. 21st Century classrooms needed for the future
  4. West's rare earth claim against China unreasonable
  5. Chinese economy vital for world
  6. How should China provide for seniors?
  7. Obama brings new trade case against China
  8. Giving is an aid to prosperity
  9. Rare earth case reveals US hypocrisy
  10. What international order should world build?

What's happening in China

Song, laughter and noodles keep the crew shipshape

  1. Chinese private jet dealer's sales take off
  2. Few consumer hotlines in English
  3. Hotel sues China Unicom over pricing
  4. Brands target online markets
  5. China to further reform fiscal-tax systems

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai