Cathay forges Sino-French ties
It is 50 years since France became one of the first European countries to officially recognize the People’s Republic of China. The anniversary of that event was marked in Paris last month by Chinese President Xi Jinping and his French counterpart Francois Holland. During the meeting, the two leaders to signed off 50 bilateral deals worth EUR18 billion ($24.7 billion).
Around the same time China Development Bank (CDB) and Bpifrance, a subsidiary of French state-owned bank Caisse des Dépôts, announced a EUR100 million commitment to the fund launched by Sino-French PE...
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