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Public Wire

French companies in China: Francophobia

Politicians pro-Tibet stance has harmed prospects for French firms in ChinaON SEPTEMBER 18th at the Elysee Palace in Paris, Frances president, Nicolas Sarkozy, hosted Jin Jing, the handicapped Chinese Olympic torchbearer who had been accosted by pro-Tibet protesters in the French capital in April. On the same day the Bank of China announced it would take a 20% stake in the French arm of LCF Rothschild, a private bank, its first investment in a euro-zone bank. The timing was probably coincidenta....

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