China welcomes French president with Airbus deal

Rappler.com

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China welcomed French President Francois Hollande on April 25, with a deal potentially worth billions for 60 Airbus planes as he became the first Western leader to pay court to Beijing’s new supremo. In the Great Hall of the People adjoining the square, the leaders attended a signing ceremony for an outline agreement on the Airbus deal as Hollande pressed Xi to help re-balance China’s trade surplus over France. The French president later vowed to remove obstacles to Chinese investment in France as he vies to drum up anemic rates of growth in the eurozone’s number-two economy.

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