Lafite in China explained
Update 30 Jun 2011: more insights in an animated discussion on the forum about why Chinese buy Lafite . You may remember an article, The legend of Lafite , I wrote a few months ago about my quest to discover why Lafite maintains such a price premium over the other first growths in China. George Zhao, a friend who writes about wine in China, sends the following explanation, which is much more convincing than any of the hypotheses advanced in my article. I think perhaps I can give you some ideas about the conundrum you mentioned if the curiosity of yours remains unchanged. Why does Lafite-Rothschild stand...
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