28 May '14, 3am

Think of champagne as a tonic via @champagnehouses

Think of champagne as a tonic via @champagnehouses

Asia's thirst for wine may have grown tremendously over the last 20 years, but it is still in its nascent stages, says Mr Simon Tam, auction house Christie's head of wine for China. The region still has potential for growth in terms of sales in both volume and value, as well as in terms of wine knowledge and understanding. In fact, many of the world's most prized and expensive wines are now being snapped up by what the auction house calls Asian Private clients, wealthy Asians who want to remain anonymous. In November last year, a new world auction record for Romanee-Conti was set when a case of 1978 Romanee-Conti Grand Cru sold for HK$3,675,000 (S$594,000) to an Asian buyer. That works out to about $49,500 a bottle. Wines from this estate in Burgundy are some of the most expensive and sought- after in the world. He adds that these Asian buyers are not clueless either - the...

Full article: http://www.soshiok.com/content/think-champagne-tonic#stha...

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