Chinese appetite for the Barossa cools, but new players emerge in SA

Chinese appetite for the Barossa cools, but new players emerge in SA

Chinese appetite for Barossa Valley vineyards and wineries has cooled. But the lower dollar is attracting new overseas players to South Australia’s premier wine-growing region alongside local winemakers looking to shore up their fruit supply, as drier El Niño conditions loom. “Asian interest has cooled a little bit, possibly because of the new government restrictions on money coming out of the country and because of the slowdown in the Chinese economy,” said Toby Langley, managing director of advisers Gaetjens Langley. “Buyers are a little more cautious.”

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