Many Chinese investors are selling their Bordeaux wine estates due to capital controls in China, declining Asian demand, and underestimated operating costs. Iconic properties, including Chateau Latour Laguens, are hitting the auction block at low prices. Chinese investment in Bordeaux once fueled by dreams of luxury living and high returns, now faces major setbacks.
from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/eFDQotm
Saturday, 26 October 2024
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End of road for Chinese investors in Bordeaux wine
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