A new way to profit from China’s slowdown: get into the wine business

Chile is the Switzerland of South America. Trains run on time, the economy generally outperforms its larger neighbours and the politicians have a solid record of prudent macroeconomic management. Throw in Chile’s relatively sound legal system, free press and established democracy, and it’s easy to understand why it’s popular with investors. But a storm is brewing for the Chilean economy. As the world’s biggest copper producer, Chile is very dependent on China’s appetite for raw materials. And right now, China isn’t feeling as hungry as it once did. Yet this could be very good news for one specific Chilean industry – and one company in particular. Let me explain…