Looking for land, Thai food tycoon finds wine country
By Sun Ye in Yinchuan | China Daily | Updated: 2013-09-23 07:15
Though he arrived looking for property development opportunities, grapes turned out to be the most promising business for Chen Deqi, owner of Ningxia Daylong Winery Co.
A subsidiary of his Daysun Group based in Bangkok, Thailand, he has put five years and 800 million yuan ($130 million) in the winery.
In China, he also runs food and real estate businesses. But he's concentrating on Ningxia's grapes after he found their extraordinary qualities.
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