SHARE
COPY LINK

CHINA

China tops UK as largest armagnac importer

China has displaced Britain as the world's biggest importer of armagnac following a spectacular surge in sales of the upmarket brandy produced in southwestern France.

China tops UK as largest armagnac importer
Photo: Paul Haahr

The BNIA, an organisation that represents armagnac producers, said Wednesday that sales to China had increased from 125 hectolitres of pure alcohol in 2010 to 935 hectolitres last year.

Sales to Hong Kong nearly doubled, from 292hl in 2010 to 505hl in 2011.

Britain, with 600hl of imports in 2011, remains the second biggest consumer but is set to be overtaken by Russia this year.

BNIA President Rierre Tabarin attributed the growing demand from China to declining consumption of rice wine and to the growth of a new middle class for whom upmarket French products are a status symbol.

Tabarin added that the Chinese market was expanding at an even faster rate in value terms because of the high demand for vintage and rare bottles of armagnac.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

CHINA

China derides Copenhagen democracy meet as ‘political farce’

China on Tuesday blasted a democracy conference in Copenhagen attended by Taiwan's president and a Hong Kong activist alongside Danish government officials this week, qualifying it a "political farce".

China derides Copenhagen democracy meet as 'political farce'
Demonstrators gathered outside the Copenhagen Democracy Summit on Tuesday. Photo: Emil Helms/Ritzau Scanpix

The Copenhagen Democracy Summit was held Monday and Tuesday in the Danish capital and organised by the Alliance of Democracies, an organisation targeted by Beijing sanctions in March and founded by former NATO boss Anders Fogh Rasmussen.

In addition to Taiwan’s President Tsai Ing-wen and Hong Kong democracy activist Nathan Law, Danish Foreign Minister Jeppe Kofod also participated in the forum by video link, which Beijing said violated “the one-China principle.”

“This summit is a political farce,” the Chinese embassy in Denmark wrote in a statement published on Tuesday. “Inviting those who advocate Taiwan and Hong Kong ‘independence’ to the meeting violates the one-China principle and interferes in China’s internal affairs,” it said.

“Some hypocritical western politicians are good at meddling in other countries’ internal affairs and creating divisions and confrontation in the name of ‘democracy’ and ‘freedom’. They are bound to fail,” it added.

At the conference on Monday, Kofod said it was “deplorable” that Beijing had imposed sanctions on 10 European individuals and organisations in response to EU sanctions on Xinjiang officials over their actions against the Uyghur Muslim minority.

Like most countries, Denmark applies the one-China principle — under which Beijing bars other countries from having simultaneous diplomatic relations with Taipei — though it does maintain relations with Taiwan.

Cut off politically from the rest of China since the end of the Chinese Civil War in 1949, the territory is self-governing but is not recognised by
the United Nations.

Beijing considers Taiwan a rebel province that will one day return under its control, by force if necessary.

China’s sabre-rattling has increased considerably over the past year, with fighter jets and nuclear-capable bombers breaching Taiwan’s air defence zone on a near-daily basis.

“Our government is fully aware of the threats to regional security, and is actively enhancing our national defence capabilities to protect our
democracy,” Tsai told the conference in a video address on Monday. US President Joe Biden is expected to present his China strategy soon, as
calls mount for him to publicly commit to defending Taiwan militarily in the event of a Chinese attack.

SHOW COMMENTS