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Deal-making ahead as China president visits France
The toast of France, Chinese President Xi embarks on state visit with deal-making on tap
Associated Press
2014-03-26 05:01 PM

LYON, France (AP) -- Chinese President Xi Jinping was the toast of France during a state visit -- days after China ended an anti-dumping, anti-subsidy investigation of French wine.

Deal-making was the main order of business during Xi's three-day visit. French officials said dozens of commercial accords in sectors like nuclear energy, aerospace and agribusiness were expected.

The French government wants to cut into France's 25.8 billion-euro ($35.6 billion) trade deficit with China, representing about 40 percent of France's total trade deficit. By lifting the wine probe last week, China erased one vestige of a bitter dispute with the EU initially centering on solar panels last year.

Xi heads to Paris on Wednesday from the southwestern city of Lyon, where he began his visit late Tuesday with a red-carpet reception.

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