France contracts a wine treaty with Hong Kong

The partnership should encourage investments and strengthen the connections between companies. Moreover, the Hong Kong-Chinese should get to know the French wine growing regions better; wine fairs, testings and similar events should act as incentives.

Hong Kong wants to evolve into an international platform for wine trade and backs on increasing demand in China. Therefore, the administrative area abolished its wine tax of 40 per cent in February. Branch experts expect that in three years, Asians will drink twice as much wine as they do now. (aw.yoopress / translator r.baur)