Asia's wealth brings a new swirl to wine sales

Jan 20, 2011

(HONG KONG) British composer Andrew Lloyd Webber's multi-million dollar wine collection goes under the hammer in Hong Kong this weekend, underlining the eastward shift in the global wine and luxury markets.After realising he couldn't drink his vast wine collection himself, the Cats and Phantom of the Opera composer decided that Asia's ever-growing army of ultra-wealthy connoisseurs might fancy buying some of it.

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