China’s outsize influence on wine pricing, Ebay’s expanded wine offerings, wine’s place in a beer world, and the wild wine west …
China’s Capital Controls Affecting Wine Prices
Monetary policy in China is causing an increase in fine wine prices as wealthy Chinese citizens try to turn cash into tangible assets. New policies are making it difficult to take capital out of the country, so Chinese investors are seeking alternatives, which has pushed pricing to the highest levels seen in the past 5 years, as measured by the Liv-ex 100 Fine Wine Index. Bloomberg has the full article here.
Ebay Expands Wine Offering
Not to be outdone by Amazon’s wine expansion, Ebay is adding to its wine products via a relationship with WineDirect. Their partners are small- and medium-sized producers. Read the full article here.
Wine’s Place in a Beer World
Is wine in a can the wave of the future? Are there other lessons to be learned from the craft beer industry? These questions and more, answered right here.
The Wild Wine West
Which is actually east of California, Washington and Oregon: Arizona’s growing wine industry.