Chinese food giant buys Bordeaux wine estate

A Chinese food and restaurant group has bought Domaine de Bellair on Bordeaux’s Right Bank and plans to use the wine to supply its businesses across Asia.

Golden Field, a multinational food and drink company based in China and Taiwan, is the latest in a succession of Asian investors in Bordeaux wine.

A fee for Domaine de Bellair was not revealed.

The 55 hectare estate sells its wine as Château Bel-Air and is located in AOC Castillon Côtes de Bordeaux, where vineyard land cost an average €20,000 per hectare in 2015, according to French land agency Safer.

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