California Grapes International, Inc (CAGR)

[PJC1]

Just caught this today on MSN, nothing we didn't already know though.

"statistics released at by Vinexpo and International Wine and Spirit Research (ISWR) showed the United States consumed the equivalent of 3.7 billion bottles of wine in 2011. Americans surpassed the traditional wine-guzzling nations: France, Italy, Spain, Austria, and Germany. China, which is one of the fastest growing markets, knocked England out of fifth place."

China will continue to grow and so will CAGR!

IMO, China will be the #2 consumer of wine within a few years. Culture is what makes France, Italy, Spain and Austria top consumers but China has sheer mass and population to knock them off their ranks.

CAGR, long and strong!