Chinese Miniature of Paris is a Ghost Town

While tourists from around the world spend great amounts to visit the City of Lights, those living in China now have a cheaper option available than the long flight across two continents. They can simply come to Tianducheng, a gated community near the city of Hangzhou in Zhejiang Povince made to look exactly like Paris. […]

Club Med to Come Under Chinese Management

French resort giant Club Méditerranée, better known as Club Med, has officially come under Chinese management. The 556.89 million euro deal was sealed last week, when the central French market authority, the Autorité des Marchés Financiers, approved the takeover at 17.5 euros per share—a markup from the original 17 euro offer made two months ago. […]

Rising Hopes for Free Trade Agreement Between EU & US

A few sentences from President Obama’s State of the Union Address were all it took to make the world perk up its ears in interest.  Obama’s call for a free trade agreement between the United States and the European Union is the source of much optimism in France. After twenty years of failed trade agreements […]