China, France sign major business deals on Xi visit

Beijing and Paris signed scores of deals today worth USD 25 billion on the second day of a lavish state visit by the Chinese president, in what Francois Hollande said would bring much-needed growth.
Xi Jinping and his wife Peng Liyuan have been given VIP treatment on a nostalgia-tinted trip to France marking the 50th year of full diplomatic ties between the two countries -- a visit due to culminate with a concert at the Versailles palace on Thursday.
This afternoon, after kicking off his trip in the eastern city of Lyon, Xi travelled to Paris where he met with Hollande and signed a raft of deals.

"Eighteen billion euros of contracts -- that is jobs, growth and, most of all, significant prospects for the coming years," Hollande said during a joint press declaration with Xi.
By far the biggest deal was a Chinese order for 70 Airbus planes worth more than USD 10 billion.