Keyword: China

The 650 family members behind one of France's most secretive retail empires


Their stores account for 10% of French households' spending every year and their group owns popular retail and commercial names in France such as Auchan supermarkets, Leroy Merlin DIY stores, Flunch restaurants, Norauto car accessory outlets, Décathlon sports shops and Kiabi clothing stores. The group also runs hugely lucrative operations in Russia, China and other countries. But the people who own it, the Mulliez family, are virtually unknown in France, and shun all press coverage and publicity. Now, against the wishes of the head of the secretive Mulliez dynasty, a book has been published charting how 650 descendants of the group’s founders today preside over a rich and powerful global retail empire. Dan Israel reports.

China overtakes France in size of wine-growing areas

Figures show China now has 799,000 hectares -1.97 million acres - of land devoted to wine growing, ahead of France but still behind Spain.

The Man With No Name


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Trade minister Nicole Bricq was caught by on TV deriding the quality of food served at President Xi Jinping's state dinner.

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Xi Jinping arrived in France on Tuesday for a visit his hosts hope will see major business deals agreed, from aviation to nuclear cooperation.

France eyes aero and nuclear deals with China

France is hoping to conclude several aerospace and nuclear production deals during China president Xi Jinping's visit to Europe this month.

Lossmaking Peugeot confirms €3bn deal with Dongfeng and France

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France's truffle farmers aim to stop inferior Chinese fungi getting a sniff

Scientists have been called in to help distinguish between highly prized black truffles and cheap Chinese imports.

French finance minister pledges Peugeot will stay French-owned

The minister was speaking ahead of a change in PSA's ownership structure that will see China's Dongfeng Motor take a major stake in the company.

Chinese magnate in helicopter crash after buying Bordeaux vinyard

Lam Kok, owner of Hong Kong-based hotel group Brilliant, and three others feared dead in crash while touring the vinyard just hours after buying it.

French nuclear power here to stay, says industry minister

Arnaud Montebourg insists nuclear power will remain a key element of French energy mix, despite plans to reduce dependency on it.

Money laundering fears over French vineyard sales

French anti-money laundering investigators raise alarm over recent Chinese, Russian and Ukranian acquisitions of loss-making vineyards.

France's President Hollande confuses Japan and China

The embarrassing slip of the tongue, which the president did not correct, came when he was speaking in French at a news conference in Tokyo.

France demands emergency EU summit over China's wine tax threat

Paris worried by Beijing threat of retaliatory levies on wine imported from Europe after Brussels raised tariffs on Chinese solar panels.

China signs deal for 60 Airbus during Hollande state visit

The 7.7 million-dollar deal was sealed during the French president's two-day visit to China in a bid to boost French exports.