75 Million

Amount (in U.S. dollars) that the famous, historic South Australian wine company, Seppeltsfield, spent to build a “château” in China as a joint venture with the Chinese company, Minquan Jiuding Wine Company Ltd. The new château, based in Henan Province, Eastern-Central China, will be used as a retail and tourism hub. Seppeltsfield makes some of Australia’s most renowned fortified wines. China is now Australia’s top wine export market by value, beating out the U.S.

Get WineSpeed

Join tens of thousands of other wine lovers. Get each week’s edition of WineSpeed delivered to your inbox every Friday. It’s fast. It’s free. It’s the smartest way to stay up to speed on wine.
Email address
First Name
Last Name
Be sure to check your inbox to confim your subscription.