“An intriguing, comprehensive, often suspenseful, and sometimes hilarious account of the unlikely courtship dance between Bordeaux and China.” ―Jay McInerney, bestselling author of Bacchus and MeWinner of the André Simon Drink Book AwardWinner of the Louis Roederer International Wine Book of the Year AwardNamed Among the Best Books of the Year in Financial TimesNamed a Best Wine Book by The Wall Street Journal and San Jose Mercury NewsThe wine merchants of Bordeaux and the rising entrepreneurs of China would seem to have little in common—old world versus new, tradition versus disruption, loyalty versus efficiency. And yet these two communities have found their destinies intertwined in the conquest of new markets, as Suzanne Mustacich shows in this provocative account of how China is reshaping the French wine business and how Bordeaux is making its mark on China.
Thirsty Dragon lays bare the untold story of how an influx of Chinese money rescued France’s most venerable wine region from economic collapse, and how the result was a series of misunderstandings and crises that threatened the delicate infrastructure of Bordeaux’s insular wine trade. The Bordelais and the Chinese do business according to different and often incompatible sets of rules, and Mustacich uncovers the competing agendas and little-known actors who are transforming the economics and culture of Bordeaux, even as its wines are finding new markets—and ever higher prices—in Shanghai, Beijing, and Hong Kong, with Hong Kong and London traders playing a pivotal role.
At once a tale of business skullduggery and fierce cultural clashes, adventure, and ambition, Thirsty Dragon offers a behind-the-scenes look at the challenges facing the world’s most famous and prestigious wines.