12 Aug 2008

Le Pen sells party HQ to Chinese

France's anti-immigrant party, the National Front, is selling its headquarters to a Chinese university, according to the party leader.

Jean-Marie Le Pen has confirmed that the party base has been purchased by a Shanghai university.

Mr Le Pen, 79, has campaigned to become president several times under the slogan "Keep France for the French".

But his party faces growing financial difficulties. It has already sold its bullet-proof car on eBay.

The party has a total debt of some 9m euros ($13.4m; £7m), according to French newspaper Le Monde, partly due to a poor showing in the 2007 legislative elections which meant it had to cover its own campaign costs.  BBC NEWS