Wine’s Most Powerful People

on 04/06/11 at 10:46 am

Wine

Now that China has ramped up its wine consumption, the Middle Kingdom is also gaining respect in the industry.

Wine magazine Decanter published its 2011 power list this week, ranking the 50 most influential people in the industry. Not only do five people on the list reside in China or Hong Kong, but Asian consumption patterns are also changing the wine world, even in traditional powerhouse countries such as France, said Guy Woodward, editor of Decanter.

“In China and Asia, the rate of change is so fast and the potential so large that that influence is brought to bear across the global market as a whole,” Mr. Woodward said.

The highest-ranked wine influencer in China is seventh-ranked Don St. Pierre Jr., the Canadian chief executive of ASC wines, the country’s biggest wine importer. Just behind him, in eighth place, is Wu Fei, chairman and general manager of Cofco Wines & Spirits, a Chinese state-owned company that owns the Chinese-made Great Wall brand of wines and has been on a global buying spree, snapping up vineyards in Chile and France.

{Full story via WSJ}

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