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VOICED: French winemakers target Chinese middle-cl

VOICED: French winemakers target Chinese middle-cl

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the journey of Burgundy wine to Asia's largest wine fair in Hong Kong, highlighting the rapid growth and sophistication of the Chinese wine market. It notes that Asia is expected to lead global wine consumption growth, with China becoming a top wine-consuming nation. The market is shifting from luxury wines to more affordable midrange options, targeting China's rising middle class. A cultural shift is also observed, with young Chinese consumers viewing wine as a cultural product, presenting opportunities for winemakers in a competitive environment.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the significance of the growth in wine consumption in Asia by 2015 as mentioned in the text.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do young people play in the changing dynamics of wine consumption in China?

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