Moet Hennessy to produce red wine in China

Moet Hennessy, the wine and spirits arm of France’s LVMH luxury group, says it will make red wine in China where a taste for the better things in life has boomed along with the economy. AAP reported Moet Hennessy said it had joined forces with VATS, a Chinese wine firm, to develop a vineyard of 30 hectares in Yunnan province, southeastern China.