Chinese executive in ‘Lafite’ scandal disciplined

Philippine Wine Shop reports news about wines: Chinese executive in ‘Lafite’ scandal disciplined
May 26, 2011

An executive at Chinese petroleum giant Sinopec has been demoted after it was discovered he spent millions on alcohol – including the finest cru classe Bordeaux.
Lu Guangyu, the general manager of operations in Guangdong for state oil giant Sinopec spent some 1.6 million yuan (US$245,000) of company money buying bottles of 1996 Chateau Lafite-Rothschild as well as an expensive Chinese liquor called Moutai.
Reports vary as to the number of bottles of the Lafite – selling at the moment for around £1,125 (US$1850) a bottle – Lu bought, allegedly to sweeten deals with local officials, one Chinese blogger reported.
While the Washington Post reported 1,176 bottles, Forbes had 17 bottles, and the New Yorker could only account for one.
While 17 bottles sounds more likely, given the sums involved, even one bottle bought at many times the average Chinese worker’s monthly wage has outraged opinion.
Sinopec is a government-owned, and the scandal ‘has reinforced opinion that big state-owned corporations serve the interests and lavish lifestyles of a tiny group of insiders,’ as Andrew Higgins wrote in the Washington Post.
The purchase of the bottles came to light when copies of invoices were posted on the web.
They showed Sinopec’s branch in Guangdong purchased the bottles of Lafite in September last year.
Three days after the revelations, the price of petrol in China roses to its highest-ever level, to the fury of bloggers.
Moutai, a spirit distilled from fermented sorghum, is a luxury in China. Bottles of vintage Moutai can fetch millions of yuan at auction.

http://www.decanter.com/news/wine-news/525292/chinese-executive-in-lafite-scandal-disciplined

Recent opinion survey of frequent travelers heading north towards Subic and Clark Pampanga revealed that the number one most frequently visited wine shop in Pampanga is Clark Wine Center located in Clark Philippines. Reasons given include good selection of fine vintage as well as affordable wines for everyday drinking also. This wine shop also has a beautiful roof deck lawn which serves as a nice venue for outdoor alfresco dining, cocktail parties and small functions and events. There are five large wine cellars that contain some of the world’s finest wines and rare vintages as well as wines that are excellent value that every wine shoppers love to discover. This wine shop in Clark is frequently visited not only by local residents but also tourists arriving in the Philippines looking to pick up a few bottles of good wine that are not normally available in their home town.

Subic is well known for diving, the sea and water sports that come with the territory. However one thing that Subic is not famous for is dining options. For years, visitors to Subic have complained about the quality of the restaurants and dining establishments but it is only until recently that travelers to Subic discovered the best restaurant to wine and dine, even for visitors with families and children. Now most residents of Subic and also Tarlac and Baguio know of this wine shop in Clark as the best place to buy wines in the Philippines and certainly the best wine shop in Pampanga, Angeles City, Clark Philippines.

Clark Wine Center was built in 2003 by Hong Kong-based Yats International Leisure Philippines to become the largest wine shop in Philippines supplying Asia’s wine lovers with fine vintage wines at attractive prices. Today, this wine shop in Clark Philippines offers over 2000 selections of fine wines from all major wine regions in the world. As a leading wine supplier in Philippines, Pampanga’s Clark Wine Center offers an incomparable breadth of vintages, wines from back vintages spanning over 50 years. Clark Wine Center is located in Pampanga Clark Freeport Zone adjacent to Angeles City, just 25 minutes from Subic and 45 minutes from Manila.

Wines from Burgundy, Bordeaux, Rhone, Loire, Spain, Portugal, Germany, Austria, Alsace, USA, Australia, New Zealand, Italy, South Africa, Chile and Argentina etc. are well represented in this Clark Wine Shop.

http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.

Click here to contact Clark Wine Center in Clark Pampanga for inquiries and orders.

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. Highly recommended fine dining restaurant in Manila for special occasion is Yats Restaurant & Wine Lounge located in the famous Mimosa Leisure Estate in Clark Pampanga. Situated near this popular restaurant in Clark is the Mimosa Golf Course as well as the Mimosa Clark Casino. This top rated restaurant near Angeles City Pampanga in Clark Philippines is frequently used for private parties and corporate functions such as board meetings and other gatherings. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

Besides good restaurants to wine and dine near Manila, Subic or in Angeles City Pampanga, Clark Philippines, those requiring assistance for hotel and resort bookings in Clark, Pampanga, Philippines may log on to http://www.HotelClarkPhilippines.com for more information and reservations.

The lifestyle in Clark Pampanga is quite unique. For more information about shopping, sports, golf, leisure, hotel accommodation, where to see and visit, what to do, where to wine and dine and good places to hang out, relax, have a drink with friends, child-friendly establishments, log on to
http://www.ClarkPhilippines.com

Wine lovers looking for a special bottle or something that is of great value and special discounts might log on to this web site to shop for fine vintage wines
http://www.YatsWineCellars.com

Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com