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France and China pledge closer ties on global economy

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France and China pledge closer ties on global economy


There were smiles from the French and Chinese leaders in Nice as they celebrated “a real convergence of views” on reshaping the international monetary system.
Presidents Nicolas Sarkozy and Hu Jintao have been meeting before France takes the helm of the G20 at next week’s summit in Seoul.
Both nations agreed that balanced trade and close cooperation was the best way to protect world economies from future crises.
Business deals were also on the table during the three day visit as France signed 20 billion dollars worth of worth of contracts with China. One deal included supplying over 100 passenger planes. Another involved an order with energy firm Areva for 20,000 tonnes of uranium.
China also pledged to double its annual imports from France to 56 billion euros over the next five years.
Protesters in Paris however were angry that President Sarkozy did not publically address human rights during the Chinese leader’s trip.
Chanting “Free Liu Xiabo”, they called for the release of the Nobel Peace Prize winner imprisoned in China.
With so many deals at stake, Paris has been anxious not to anger Beijing during President Hu Jintao’s visit.

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