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French court confiscates Bordeaux wine chateaux from Chinese magnate

Bordeaux France

Haichang Group, based in the northeastern Chinese port city of Dalian, is the biggest of numerous Chinese investors which bought into one of France's most famous wine-growing regions in recent years. © AFP - Philippe Lopez

A French court ruled to confiscate nine Bordeaux wine country chateaux acquired by a Chinese tycoon convicted of laundering Chinese government funds.

The sentenced 63-year-old Naijie Qu is a wealthy businessman, Bordeaux wine enthusiasist and head of Haichang Group, a trading and shipping conglomerate with interests in property, tourism and agriculture based in the northeastern Chinese port city of Dalian.

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