27 Feb '12, 2pm

In and around Bordeaux, more than 12 chateaux are in various stages of acquisition by Chinese investors,...

In and around Bordeaux, more than 12 chateaux are in various stages of acquisition by Chinese investors,...

The world's largest producer of alcohol from goji berries and an elusive tycoon have become the latest super rich Chinese investors to invest in Bordeaux wine estates. Already a prized investment for the increasingly wine-savvy Chinese, five more chateaux in the heart of France's most renowned wine country have been snapped up in the past few weeks. Zhang Jinshan, 48, founder of the Ningxia Hong group based in northwestern China, bought Chateau du Grand Moueys from its German owner on Friday. Grand Moueys is a sprawling, 170-hectare (420-acre) estate near the village of Capian in Bordeaux's Entre-Deux-Mers region. On the other side of the village, Qu Nai Jie, the president of the Haichang Group, bought another historical gem, Chateau de Grand Branet and three more in the region: Chateau Branda, Chateau Laurette, and Chateau Thebot. Qu had already acquired Chateau Chenu Laf...

Full article: http://www.soshiok.com/article/17688

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Chinese tycoons snap up Bordeaux chateaux

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