Chateau Lafite loses its shine

It had to happen. Chateau Lafite, the Bordeaux worshipped by mainland Chinese wine collectors, has finally fallen from grace. Top wines plummeted in value by 12 per cent over the 12 months to September 2012, according to the Liv-ex 100 index. Chateau Lafite had such a stranglehold on the market it was actually the largest component of the index.

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