Wine watch: U.S vineyards pitching in, but who will supply China?

A shortage of grapes isn't impacting wine supplies as much as some analysts forecast with U.S. growers making up for some of the shortness in Europe.

All 50 states in the U.S. now have active wineries to help temper the rise in grape prices.

What to watch: China has seen wine consumption increase by 4X in five years. Though demand is high, companies looking to expand into the region face a tricky road to find the right local partner.

Related stocks: Constellation Brands (STZ), Brown-Forman (BF.B, BF.A)

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