Chinese rivalling French to buy Bordeaux vineyards

Bordeaux (AFP) – Chinese investors now rival the French in buying vineyards in Bordeaux: a sign both of the region’s global prestige and China’s seemingly unquenchable thirst for wine, according to local property agencies and industry associations. More than 100 properties in France’s southwest wine-producing area are today owned by Chinese tycoons looking to diversify fortunes built upon real estate, jewellery, industry or tourism holdings.