Subscribe free to our newsletters via your
. Earth Science News .




TRADE WARS
China's Xi talks culture in France but business prevails
by Staff Writers
Paris (AFP) March 27, 2014


After a day devoted to multi-billion-dollar business deals, Chinese leader Xi Jinping trained his sights on culture and history Thursday on the last day of his lavish visit to France.

Yet business was still the talk of the day at an economic forum on the margins of the three-day state visit, as French Finance Minister Pierre Moscovici called for more Chinese investment in France in a bid to boost jobs and growth.

"Today, the lion has woken up, and it is peaceful, pleasant and civilised," Xi said in a final speech after a trip to the UNESCO headquarters, referring to Napoleon's description of China as a sleeping lion.

French authorities have bent over backwards to woo Xi, giving the Chinese president and his wife Peng Liyuan VIP treatment as the power couple visit France on the 50th anniversary of full diplomatic ties between the two countries.

Road blocks slowed traffic in parts of the French capital and transport authorities closed many subway stations Thursday to avoid any security slips or unwelcome protests against China's much-decried human rights record.

- 'Investments decisive for us' -

French companies are keen to get a bite of the huge Chinese market and Paris also wants investment from the fast-growing Middle Kingdom to flow in.

At the economic forum on Thursday, which took place after Xi and his French counterpart Francois Hollande oversaw the signing of 50 deals worth 18 billion euros ($25 billion), some 500 businesses met as well as Chinese and French ministers.

Chinese Commerce Minister Gao Hucheng called on Paris "to further facilitate Chinese investors setting up (in France) on a legal level", referring to the mammoth red tape that businesses have to go through in France.

He said that in exchange, "China is ready to import more French products" to re-balance trade between the two countries, which is heavily tilted towards China.

Last year, France had a trade deficit with China worth 25.8 billion euros, and Moscovici pointed out that French investment in China was four times higher than Chinese investments in France.

"Chinese investments are decisive for us, we are determined to attract them when they create jobs," he said.

His comments came as the number of jobless in France surged by 0.9 percent in February to a new record of 3.34 million, in what is likely to increase the deep unpopularity of Hollande's government.

The forum was expected to generate many small-scale deals, a day after the multi-billion-dollar contracts signed at the presidency made headlines.

By far the biggest deal Wednesday was a Chinese order for 70 Airbus planes worth more than $10 billion.

Airbus Helicopters and China's Avicopter also announced a deal to jointly produce 1,000 civilian helicopters over 20 years.

Altogether, the two countries signed agreements in areas as varied as the nuclear, financial and automotive sectors.

- Several rights protests -

But business was far from Xi's mind on Thursday as he visited the headquarters of the United Nations Educational, Scientific and Cultural Organisation in Paris and later made a speech at the foreign ministry rich in historical and literary references.

"Many leaders of the old generation of the Chinese Communist Party studied in France," he said in his speech marking President Charles De Gaulle's momentous 1964 decision to break ranks with the United States and recognise communist China.

"This is why from a young age I was really interested in French culture, history, philosophy and art."

He went on to list French author after French author, drawing loud applause from those listening.

"By reading books written by La Fontaine, Balzac, Hugo, Maupassant, I gained a better understanding of human life," he said.

"Characters like Jean Valjean ("Les Miserables"), Quasimodo ("The Hunchback of Notre-Dame")... are solidly anchored in my memory."

The Chinese couple will now travel to the Versailles palace, built by Louis XIV, where they will be treated to a concert and lavish dinner.

The question of rights in China also came to the fore Thursday with some 160 Tibetan exiles staging a rally in Paris, holding up banners such as "Hollande team up with world leaders to save Tibetan lives" and "Wake up United Nations."

Since 2009 about 120 Tibetans have set themselves on fire in China in protests against the authorities, denouncing what they say is an erosion of their religious freedoms and culture and discrimination by the country's Han majority.

Already in the morning, activists from media watchdog Reporters Without Borders unfurled a huge portrait of Xi making an obscene gesture, in a photomontage that carried the slogan: "without freedom of information, no force of opposition."

The Chinese leader is on his first-ever European tour and after visiting The Netherlands and France will head to Germany and Belgium.

burs-mbx/dh

Peugeot

Airbus

Areva

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
Taiwan president agrees to meet trade pact protesters
Taipei (AFP) March 25, 2014
Taiwan's president Tuesday offered to talk with protesters in a concession to student demonstrators who have occupied parliament for the past week in a bid to stop the government from ratifying a contentious trade agreement with China. The invite was apparently aimed at preventing any further escalation of the demonstration, after more than 100 people were injured Monday when police used wat ... read more


TRADE WARS
Fukushima water decontamination system down again

Eight killed, 108 unaccounted for in huge US landslide

MH370 relatives stage Beijing march against Malaysia

108 reported unaccounted for in US landslide

TRADE WARS
Parallel programming may not be so daunting

China's rare earth trade limits break global rules: WTO

Cisco pushes into 'cloud' with $1 bn investment

Facebook takes $2 billion dive into virtual reality

TRADE WARS
Lots of carbon dioxide equivalents from aquatic environments

Deep Ocean Current May Slow Due to Climate Change

Global warming may increase methane emissions from freshwater ecosystems

High-tech materials purify water with sunlight

TRADE WARS
Permafrost Thaw Exacerbates Climate Change

Glacial advances in Nyainqentanglha maybe linked to North Atlantic cooling

Braving perilous Drake Passage to Brazil's Antarctic base

Researchers: Northeast Greenland ice loss accelerating

TRADE WARS
Stanford professor maps by-catch as unintended consequence of global fisheries

Ancient clam gardens nurture food security

Research reveals true value of cover crops to farmers, environment

Study examines pesticide poisoning of Africa's wildlife

TRADE WARS
Off-rift volcanoes explained

Ground-improvement methods might protect against earthquakes

Strong quake strikes off Chile

Earthquakes Caused by Clogged Magma a Warning Sign of Eruption

TRADE WARS
France calls for more European troops for C.Africa mission

Chinese nationals held in Nigeria for illegal fishing

Peacekeepers seize large weapons cache in C. Africa

French kill jihadist commander in Mali

TRADE WARS
Eyes are windows to the soul -- and evolution

New stratigraphic research makes Little Foot the oldest complete Australopithecus

Stirring the simmering 'designer baby' pot

Empathy chimpanzees offer is key to understanding human engagement




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.