China's Thirst For Wine Fuels Fake Wine Boom
July 31 (Bloomberg) -- A new documentary about China's insatiable taste for fine wine will premiere in Sydney later. "Red Obsession" examines how demand from China's 'nouveaux riches' has sent the price of top French vintages skyrocketing. It also looks at what that means for the famous vineyards that produce the wine. Bloomberg's John Dawson discusses China's wine fascination with the film's director, Warwick Ross. (Source: Bloomberg)
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