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Magazine Archives: Sept. 30, 2014

Chinese Firms Accused of Spending State Funds to Buy Bordeaux Wineries

Suzanne Mustacich
Issue: September 30, 2014

The Chinese government's crackdown on corruption has led to accusations against two companies for misusing $43 million in public funds for a shopping spree that included 14 Bordeaux châteaus. The investigation threatens to bring down leading business figures in the People's Republic and could result in the wineries being confiscated by officials. Wine Spectator's Suzanne Mustacich reports.

For the full article, check out the new issue of Wine Spectator, on newsstands August 19, 2014.

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