What is TWE Worth Ex-China?, page-224

Let's think logically for a second, which are the likely markets next for TWE Chinese labeled luxury wines ? American ? those yanks love their quality Californian/Oregon/Washington reds the list goes on like squirrels love their local nuts and they produce them in abundance too. South America e.g. Chile, Argentina, Uruguay, Brazil and so on .. forget about them. South Americans have it all when it comes to wines.. cheaper and better quality for their local consumption. Europe ? Italy, Spain, Portugal, the UK and the European Union mafias they are the same as the South American counterpart nothing to see so we move..Asia ? China lol next.... Africa ? Nigeria, Siera leone, Ethopia and so on now.. that's maybe we count South Africa out as it is wine producing and exporting nation similar to those in America and Europe. Mars ? or flog them locally in AU 40 to 50% markdown MINIMUM that are only feasible markets for TWE. hope this helps