No image available
/ 27 October 2006
French President Jacques Chirac visited the central Chinese industrial city of Wuhan on Friday, aiming to boost French efforts to tap into China’s fast-growing economy. Buoyed by more than -billion in deals bagged on Thursday in Beijing, where he met President Hu Jintao, the French leader openly lobbied for more contracts at a lunch with local business leaders.
Media giant Vivendi Universal saw a third wiped off the value of its shares on Tuesday as persistent worries over its finances panicked investors despite the imminent ouster of its unpopular chief.
Vivendi Universal’s battered stock soared on Thursday after a team of French business veterans took charge of the media group.