Golden Dragon Holdings, Inc. is a Chinese company which conducts the majority of its food and beverage business in the Asia-Pacific Rim economies. The company’s functions as a importer, exporter and distributor of staple, organic, specialty, gourmet and foreign foods and beverages.

This week, Gold Dragon Holdings announced that it had registered its new trademark for its private label wine, “Endless Wines.” Both the red and white wines are made from a blend of exclusive grapes from Spain’s Rioja region.

The company mission statement is simple. “Good food, high-quality food, wholesome, healthy, and delicious food”. Gold Dragon Holdings strives to help independent producers and growers worldwide of fine quality foods, introduce their products to China and other areas in the Asia region.

Chief Operating Offiicer, Mr. Cesar Cuenca explained in this article “We have identified a unique niche in the wine market in China, we call this niche the 100RMB retail wine market. Typically imported wine in China sells at a higher end of the wine market, we have selected exceptional grapes to start producing high quality red and white wines at reasonable cost to consumers. Good wine does not mean expensive wine.”

I highly recommend checking out the full article linked here and in the above paragraph because it is full of the company’s assessment of various elements of the China wine market.

Current State:

China is a large emerging country with an amazing potential of wine consumption. The influence of western eating, drinking habits and rising average incomes have been key factors in the fast development of wine market in China. China has stepped into one of the ten largest wine consumption markets in the world. The value of the market has more than doubled over the last five years and a lot of signs are showing a bright future of China wine market.

Growth Rate:

What greatly spurs the speedy growth of imported wines from wine producers around the world, such as France, Italy, Spain, Australia, New Zealand, Chile, Argentina, South Africa, Austria, US and some other European traditional wine-producing countries. The annual growth rate of imported wines is up to 13-15%.

Targeted customers:

Wine is now becoming the fashionable drink for the wealthy younger generations in China’s cities, and the “badge” drink for China’s wealthiest elite. With about 600 million young Chinese exploring new types of alcoholic drinks, the potential market for sales of wine in the future is so great without any doubt.

SOURCE Golden Dragon Holdings, Inc.

http://www.gdfbhk.com

Uncorked: Here’s to the tango and Argentine wine
By Pat Kettles, Wine Columnist at The Anniston Star

The first vestige of winemaking was brought to Argentina by Spanish conquistadors and missionaries who made their way from Mexico to the area in the latter part of the 16th and early 17th centuries. They brought native grape cuttings from their Spanish homeland including varieties not well known today like criolla, still grown in Argentina today, and the common mission grape currently grown in limited quantities in California.

New waves of European settlers came to Argentina in the early 1800s, bringing vine cuttings from Spain, Italy, and France. Among these cuttings was some malbec that now forms the backbone of the Argentine wine industry. Remarkably, these cuttings originated before the dreaded root loose, phylloxera, afflicted European vines. Most Argentine malbec is planted on original rootstock rather than grafted to disease resistant stock like most vines in other wine producing countries.

Malbec is one of five varietals allowed in the department of Bordeaux in France. It was virtually wiped out in this area by a killer frost in 1956, and it was not widely replanted. Some malbec is grown in California, but American varietal bottlings are rare. It is in Argentina this variety thrives.

Argentina produces and drinks a lot of wine. No wonder tango is the national dance. Argentina is the fifth largest wine producer in the world behind France, Italy, Spain and the United States.

Mendoza, Argentina

Only fairly recently have Argentine wines been significantly exported because the native populace drank most of the domestic wine produced. Tango apparently requires a lot of wine. As long as the populace was willing to drink copious amounts of poor quality wine, there was no need to contemplate exportation.

When years of political instability ended, the Argentine wine industry had been left behind. The industry set out to modernize like Chile, the neighbor to the west, who was exporting significantly improved quality wines primarily to the United States. Like Chile, Argentina’s producers adapted winemaking methods modernizing and producing wines in the New World style with the aid of advisors and investors from America and France.

The modernized industry started to focus on malbec. Malbec seems especially suited to the terroir. Although prone to disease in other areas, it’s not as susceptible to mildew and rot in Argentina perhaps because it is grown on some of the highest altitude vineyards in the world.

These high altitude vineyards exist in dessert-like conditions with long uninterrupted, dry sunny days. Irrigation is a necessity. In the past winegrowers allowed vineyards to flood. Today better producers use the Andes snowmelt ancient irrigation system more judiciously. They know to produce grapes of great flavor and intensity, yields must be kept low and vines must struggle.

New winemaking practices produce an entirely different malbec than that produced in Bordeaux and in Cahors in southwest of France. Some say malbec is like a weaker version of merlot. The ones I have tasted lately are not tame. They are generally big, easy drinking wines of firm structure.

Aside from drinking wine and dancing the tango, Argentineans eat copious amounts of meat, especially beef. They are known for their open-air spit barbeques called asados where steak, beef ribs, pork sausage and even chitterlings are grilled. Malbec is the perfect wine for the asado and for our traditional charcoal grilled steaks and summer barbeques. It is attractive in today’s economy because good malbec can be had at a reasonable price.

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Click here to access Pat Kettle’s full article from The Anniston Star