Sarkozy in Beijing stop-off
Source: Agencies |
August 22, 2011, Monday
|
Print Edition
Print Edition
FRENCH President Nicolas Sarkozy will meet Chinese President Hu Jintao in Beijing on Thursday for impromptu talks that will most probably center on the recent turbulence in global financial markets.
Sarkozy, whose country holds the Group of 20 presidency this year, is adding a stop-off in China to a trip to the French South Pacific territory of New Caledonia following his discussions with several world leaders on sinking world markets.
His office said he would meet Hu at 5pm on Thursday for talks followed by a dinner.
Sarkozy will fly on to New Caledonia the same night for his first visit to the archipelago territory since he took office in 2007.
On what will be Sarkozy's sixth visit to China as French president, the two leaders may discuss a Franco-German proposal to tax financial transactions, a highly divisive idea that would only be effective if supported widely around the world.
They will most probably also discuss France's G20 agenda before a likely G20 ministerial meeting on the margins of the annual International Monetary Fund and World Bank gatherings in Washington in late September and a summit of G7 finance ministers in Marseille, France, earlier the same month.
Sarkozy has been pressing to get Chinese backing for his G20 goals, which include seeking ways to lessen economic imbalances and reduce market speculation and commodity price volatility.
Only a hard-fought compromise kept Beijing on board at G20 talks in February to agree on indicators to gauge global economic imbalances.
The two leaders last met in March, also in Beijing, when Sarkozy visited China to attend a seminar in Nanjing on ideas to reform the international monetary system. They also met when Hu was on a state visit to France in November.
Sarkozy, whose country holds the Group of 20 presidency this year, is adding a stop-off in China to a trip to the French South Pacific territory of New Caledonia following his discussions with several world leaders on sinking world markets.
His office said he would meet Hu at 5pm on Thursday for talks followed by a dinner.
Sarkozy will fly on to New Caledonia the same night for his first visit to the archipelago territory since he took office in 2007.
On what will be Sarkozy's sixth visit to China as French president, the two leaders may discuss a Franco-German proposal to tax financial transactions, a highly divisive idea that would only be effective if supported widely around the world.
They will most probably also discuss France's G20 agenda before a likely G20 ministerial meeting on the margins of the annual International Monetary Fund and World Bank gatherings in Washington in late September and a summit of G7 finance ministers in Marseille, France, earlier the same month.
Sarkozy has been pressing to get Chinese backing for his G20 goals, which include seeking ways to lessen economic imbalances and reduce market speculation and commodity price volatility.
Only a hard-fought compromise kept Beijing on board at G20 talks in February to agree on indicators to gauge global economic imbalances.
The two leaders last met in March, also in Beijing, when Sarkozy visited China to attend a seminar in Nanjing on ideas to reform the international monetary system. They also met when Hu was on a state visit to France in November.
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