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
Tax fraud
Castel, France’s biggest wine producer, is accused of “falsifying balance sheet” and “tax fraud” related to its operations in China in two separate investigations in France, after the key person who’s credited for setting up its China operations turned against the French wine giant. Read More