In France, Chinese President Xi Jinping’s state visit moved to Paris on Wednesday and key trade talks with his French counterpart François Hollande. <br /><br />Among the deals, Dongfeng is set to deepen its ties with Peugeot Citroen. The Chinese carmaker is expected to buy a 14 percent stake as part of a recapitalisation of the struggling French auto firm. <br /><br />Earlier, Xi and his wife also visited Lyon to promote cultural ties. Famous for its silk-making skills taken from China during the 15th century, the south-eastern city remains a top destination for Chinese students in France. <br /><br />While foreign direct investment between the two powers remains modest, there are hopes deeper trade ties will help kick start France’s sluggish economy. A fourteen and a half billion euro deal with Airbus for 150 planes is also on the table. <br /><br />Reporting from Lyon, euronews’ Fabien Farge says: ‘‘In Lyon and the Rhone-Alpes region the visit of Xi Jiping was very much seen as a chance to celebrate France and China’s long-standing industrial, educational and diplomatic ties. In Paris, the emphasis of the Chinese president’s trip turns to trade, notably the signing of big commercial contracts.’‘
