China would be the prime target of French companies
I want to say it was both!
Among the "essential targets" to be directed primarily by French companies from emerging markets are large (France's exports exceeding 1 billion expected this year), "China emerges with more than 12 billion euro of expected sales, almost double the second largest global market for low-risk, Poland, "write Apoteker Thierry, president of Thierry Apoteker Consulting (TAC), and Agneta Forslund, Economist in TAC in 2011 of delivery "Country risk" of MOCI, published Jan. 20.
MOCI
It is true that if China increases its exports significantly (+ 31.3% in 2010), it also reveals an important consequence. According to a press release dated January 20 National Bureau of Statistics (NBS), purchases jumped 38.7% to nearly 1395 billion dollars last year. Chief economist of the Insurance Company French Export Credit (COFACE), Yves Zlotowski believes that to achieve "its goal of developing long term, Beijing will develop "a business model more focused on consumption and less investment than in the past." This development will be "gradual," he insisted, at the annual conference of the Coface Country Risk, held in Paris on January 17. See also
business in China
note, however, inflation could exceed the government target of 4% in 2011. Too high an increase in food can affect consumer confidence and lead to social instability. Wage pressures are also increasing. For its part, the insurer Credit Euler Hermes (EH) has been rather optimistic. In its latest economic bulletin, EH states that "official statistics of bankruptcies of Chinese entrepreneurs will see a significant decline in 2010 (- 18%), confirming the downward trend recorded for 2009 (- 2.3 %). The dynamism of the Chinese economy would be "a major reason for this development." According to the NBS, the growth increased from 9.2% in 2009 to 10.3% the following year.
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