New Trends in the World of Wine

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Oct. 11 (Bloomberg) –- In today’s “In The Know” segment, International Wine Critic and Author Jancis Robinson discusses the impact of climate change on wine and where she sees growth with Mark Barton and Anna Edwards on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

The first was back in 1971. you joined on the fifth addition you?

The sixth edition was written in 2007 so what has changed?

So much you would not believe.

Vineyards are going polewards, even scandanavia.

When i started widening -- writing about wine, they said there was something about the asian palate and they would never drink wine.

China is now a very important player.

Difficult to get absolutely verifiable figures but according to the official figures have a china has something like the sixth biggest area under fine in the world out.

How are the french coping with this?

The interest from investors, collectors, it is broadening, isn't it?

Very much so.

They scurried over to china as often as they could to try to drum up sales there.

They courted the chinese market and sold them a heck of a lot of wine as futures.

A lot of critical word when the other new whirlwind started to emerge saying that a were not good enough at marketing what they had.

Have they learned a lot from that experience?

They have.

They know the there is still the fine wine investment sector.

Although prices shot up, helped a bit by this influx of capital from china, they have stagnated the market a bit recently.

The chinese are not stupid by any means.

When they saw that their investments were not gaining in value as fast as they have been told they would, they have come out of the market now a bit.

Everything is very fluid.

China kicked it off.

It's happening in india, thailand.

Where is it growing?

Who's next?

All sorts of unexpected laces like mexico.

They have a bit of a wine culture.

It was a beer drinking culture and it still is substantially.

Wine has become a signifier of money, having a ride, -- having arrived, holger.

Pretty much anywhere that can grow vines are.

It is becoming a rich man's dream.

You talk about climate change.

It's benefiting the uk.

We can be very proud.

To make good sparkling wine you need an acid-based.

Our climate is such that grapes tend to be pretty high in acid because it is never going to be massively hot here.

Isn't as phased as we might like act go ridgeview is one of the best.

And then there is just dozens of new vineyards and labels coming out in english wine.

They are talking about there being a glut and there'll be so much young wine on the market and will they manage to sell it all you go you published a comprehensive book on variety.

Will we find things to rival merlot, chardonnay?

That is one of the big global trends in researching that book, everybody moving away from the famous international grapes and wanting to either rediscover indigenous grape varieties and cherish them or, like australia, import would they call alternative varieties which has become more fashionable at the moment.

The more obscure the better.

Two questions for you.

Favorite bottle of wine if money is no option?

And then a bottle of wine under 20 pounds.

Option a, money no option.

And the, under 20 pounds.

The best wine i have ever drank and i have had it quite a few times and two of the bottles have been fantastic, the 1947, very famous, much counterfeited because it is very famous and very valuable but when it is good.

And under 20 pounds?

I love riesling.

A german white grape and it is aged forever.

Thanks to the climate change, they are now ripening so many, many good dry, german riesling.

Everyone thinks they are sweet and nowadays they can be good and right.

Many people taking notes on

This text has been automatically generated. It may not be 100% accurate.

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