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Apparently the Chinese are also now consuming more French wine than the French are.
by bshimmin 12y ago
Apparently the Chinese are also now consuming more French wine than the French are.
- patrickk 12y agoAnother market that's exploded in the Far East is scotch whisky. Scottish producers are struggling to keep up with demand in markets like China, Japan and Taiwan.
- nbouscal 12y agoThat is expected, as explained by the Alchian-Allen effect: http://en.wikipedia.org/wiki/Alchian%E2%80%93Allen_effect http://en.wikipedia.org/wiki/Alchian%E2%80%93Allen_effect