A Chinese industrialist is to purchase the 13ha Chateau Bellefont-Belcier, a Saint Emilion Grand Cru Classe.
It seems that the Chinese really do have a taste for Bordeaux, particularly the Right Bank's Merlot dominated blends. They are a bit easier drinking, after all.
How long before Chinese industrialists own as many of the estates as the French insurance industry does? Hopefully they'll continue to bring fresh investment and modernisation with them.