Christopher Silvester

INVESTMENT SPECIAL: Rising in the East

Chinese demand boosts returns for wine investors

issue 19 March 2011

The last time I wrote about wine for these pages, the global recession still lay ahead of us. In June 2008, fine wine prices were soaring on the back of the decision by the Hong Kong government to abolish import duty on wine (previously 40 per cent, and prior to that 80 per cent).

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