Bloomberg News

GREATER CHINA DAYBOOK: Sarkozy to Call Hu on Debt; ICBC Earnings

October 26, 2011

Oct. 27 (Bloomberg) -- French President Nicolas Sarkozy plans to call Chinese leader Hu Jintao today to discuss China contributing to a fund European leaders may set up to bolster its debt-crisis fight, said a person familiar with the matter.

The investment vehicle was one of the options considered by European leaders at a summit yesterday to expand the reach of its 440 billion-euro ($612 billion) European Financial Stability Facility.

Sarkozy’s call to his Chinese counterpart comes the day before a planned visit to Beijing by Klaus Regling, chief executive officer of the EFSF, to court investors.

--With assistance from jiang jianguo in Shanghai. Editors: Joshua Fellman, Bloomberg News

To contact the reporter on this story: Joshua Fellman in Shanghai at jfellman@bloomberg.net

To contact the editors responsible for this story: Bloomberg News at jliu42@bloomberg.net; Bloomberg News at swong139@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus