Israeli tech launches Chinese wine industry

Eight years ago, Chen Qide leased from the Yinchuan government 100,000 acres of land in NW China and started planting grapes using Israel’s technology. Chen now plans to establish 100 small wineries, with a 10 billion yuan ($1.57 billion) profit target.

http://en.yibada.com/articles/56978/20150825/rich-chinese-tap-promising-local-wine-market.htm

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