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Lodi wines gain ground in Chinese market

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Posted: Friday, June 10, 2011 12:00 am | Updated: 12:02 pm, Fri Jun 10, 2011.

Thanks to a blossoming middle class with expendable income and a preference for California wines, Lodi appellation vintners are starting to cash in on China. The interest is so strong that the owner of one Linden winery is even considering selling his vineyard to Chinese investors.

"I'm looking to retire, and I'd say that the offers I'm getting — 5-to-1 — are from Chinese investors," said Dave Pechan, owner of Miramont Estate Vineyards. "The Chinese government is providing financing to help investors buy these places. They want Chinese investments in food processing and food-providing companies around the world."

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Welcome to the discussion.

2 comments:

  • Kevin Paglia posted at 10:31 am on Fri, Jun 10, 2011.

    Kevin Paglia Posts: 2086

    We were in Hawaii a couple weeks ago and saw some Lodi wine in the resort store. Don't remember which label, just got a chuckle out of traveling that far to buy lodi wine.

     
  • Darrell Baumbach posted at 8:29 am on Fri, Jun 10, 2011.

    Darrell Baumbach Posts: 9405

    "I can ship to 50 separate countries easier than I can ship to 50 states," he said

    This is why we do not stand a chance... kiss it goodby

     
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