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Flagship fashion - Hong Kong Institute of Certified Public Accountants

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Latin leverage<br />

George W. Russell looks<br />

at how South American<br />

vineyards are edging<br />

into <strong>Hong</strong> <strong>Kong</strong>’s market<br />

With decades <strong>of</strong> immigration<br />

from France, Italy and Spain,<br />

it’s no surprise that South<br />

Americans are handy at winemaking. Many<br />

<strong>of</strong> the newcomers settled vast countries<br />

with varied terroir, enabling them to experiment<br />

with grapes best suited to their new<br />

environments.<br />

As a result, wine from South America<br />

is <strong>of</strong>ten made from grapes long neglected<br />

in Europe, such as Carménère and Tannat.<br />

More familiar varieties include Malbec,<br />

Pinot Noir and Chardonnay.<br />

Argentina<br />

The region around Mendoza, in the country’s<br />

central-west, accounts for about 70 percent<br />

<strong>of</strong> Argentina’s wine production. Malbec<br />

dominates, with significant quantities <strong>of</strong><br />

Viognier and Merlot.<br />

The Valentin Bianchi estate is known for<br />

consistently good value, and, among reds,<br />

the Elsa Syrah 2010 (HK$60, Montrose<br />

Wines) is no exception. The Astica Sauvignon<br />

Blanc Semillon 2010 (HK$99, Soho<br />

Wines) has a light, bright quality ideal for<br />

fish dishes.<br />

White wines from Mendoza <strong>of</strong>ten have<br />

a certain tartness about them. The Alamos<br />

Chardonnay 2010 (HK$75, Watson’s Wine<br />

Cellar) is pineapple-crisp, while the Catena<br />

Alta Chardonnay (HK$388, Watson’s) is rich<br />

and complex.<br />

Brazil<br />

So far, the only Brazilian wines that this<br />

correspondent has seen in <strong>Hong</strong> <strong>Kong</strong> come<br />

from Miolo, which distributes a Riesling,<br />

a Touriga, a sparkling white and its Cuvée<br />

Giuseppe blended red. Wines from Casa<br />

58 May 2012<br />

After hours<br />

The Andes Mountains<br />

overlook a vineyard in<br />

central Argentina<br />

Valduga, which recently launched a new<br />

Vinho Rose made from Merlot grapes, can<br />

also be found here. The estate is also known<br />

for its uncomplicated sparkling wines like the<br />

Espumante Brut 130. Other wineries to keep<br />

an eye out for include Boscato, Lidio Carraro,<br />

Miolo, Pizzato, Salton and ViniBrasil.<br />

With the football World Cup being held<br />

in Brazil in 2014, the country is expected to<br />

begin heavily marketing its exports next year.<br />

Chile<br />

There are more than 100 big wineries in<br />

Chile’s 15 wine-growing valleys. Aficionados<br />

in <strong>Hong</strong> <strong>Kong</strong> will be familiar with two major<br />

producing areas, the Valle Central and the<br />

Maipo Valley. However, Chile’s terroir ranges<br />

from the semiarid San Antonio Valley, known<br />

for its whites, to the rugged Aconcagua Valley,<br />

home to the iconic Carménère grape.<br />

While the Carménère grape originated<br />

in Bordeaux, only Chile is using it in large<br />

quantities (though there has been some<br />

replanting in Italy). The Casa La Joya<br />

Reserve Carménère 2009 (HK$139, Soho)<br />

from the Colchagua Valley is an aromatically<br />

complex red with a peppery finish.<br />

Baron Philippe de Rothschild started<br />

a joint venture with Concha y Toro that<br />

has resulted in several premium products,<br />

including the Almaviva Cabernet Sauvignon<br />

2006 (HK$700, Platinum Wines).<br />

The Luis Felipe Edwards Chardonnay<br />

2011 (HK$54, Montrose) is a simple, peachy<br />

white ideal for summer barbecues. Winemaker<br />

Eduardo Chadwick’s full-bodied<br />

Arboleda Chardonnay 2008 (HK$145, Wat-<br />

son’s) is redolent <strong>of</strong> sweet lemons and apples<br />

ahead <strong>of</strong> a tart finish.<br />

Uruguay<br />

Uruguay is poised to be the next big New<br />

World exporter. With nearly 300 mostly<br />

small producers, Uruguay has been a major<br />

supplier to Brazil and other South American<br />

countries for decades. More recently, it has<br />

ramped up exports to North America.<br />

It is chiefly known for robust reds that<br />

accompany the country’s beef- and lambbased<br />

diet. The Tannat grape is originally<br />

from southwestern France but now is one <strong>of</strong><br />

the most prominent Uruguayan varieties,<br />

accounting for at least 40 percent <strong>of</strong> output.<br />

The Viña Progreso Sueños de Elisa Tannat<br />

2011 (about HK$100, Chateau Lamma),<br />

a product <strong>of</strong> a joint venture between Burgundy<br />

winemaker Jean-Charles Boisset<br />

and Uruguay’s pioneering Pisano family,<br />

can also be found in <strong>Hong</strong> <strong>Kong</strong>.<br />

Other countries<br />

Should Uruguayan and Brazilian wines make<br />

a dent in the market, expect more countries<br />

to follow suit. Bolivia, Ecuador and Paraguay<br />

all have considerable wine industries.<br />

The tropical north <strong>of</strong> the continent is<br />

largely unsuited to viticulture, although<br />

Peru produces some wine – most <strong>of</strong> the harvest<br />

is used to make Pisco, a grape brandy –<br />

and Venezuelan wineries make reds, mainly<br />

from Petit Verdot grapes.<br />

George W. Russell, editor at large <strong>of</strong> A Plus,<br />

can’t wait to taste Guyanese carambola wine.

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