A French court on Wednesday has ordered the confiscation of nine chateaux in Bordeaux owned by Chinese property tycoon Qu Naijie, following his conviction for laundering allegedly more than US$30 million funds from the Chinese government. Read More
Haichang Group
Qu Naijie, the founder of Chinese conglomerate Haichang Group, is to stand trial for allegedly misappropriating €32 million of Chinese state fund that was earmarked for investing in technology to buy 25 chateaux in Bordeaux. Read More