A Chinese multimillionaire and entrepreneur is being charged with using state subsidies to acquire 25 Bordeaux châteaux.

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The CIVB has declared a good 2023 vintage, despite the harvest beginning early, in mid-August. White and red grape varieties have benefited from the climatic and weather conditions, although the yield remains uncertain.

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Trade volume for generic red wines from the AOC Bordeaux is decreasing, as prices keep dropping.

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The French Ministry of Agriculture forecasts the 2023 harvest yields to be between 44 to 47m hectoliters. 

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With the 2023 vintage, the Bordeaux AOC is embracing red wine. Paul Kern is at the scene.

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The Bordeaux region has been hit by a serious downy mildew wave, and the damage is still not clear.

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As traditional investment assets see growth in the second quarter, the fine wine marketplace "Liv-ex" finds itself grappling with a decline in value, and it's not alone in its downturn.

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Pierre Lurton has been appointed as the new Chairman of the Board, while former intern and later Technical Director, Pierre-Olivier Clouet, has been promoted to CEO.

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Robert Joseph recalls Jean-Michel Cazes of Chateau Lynch-Bages and Californian biodynamic wine pioneer, Paul Dolan, who both died last week.

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