Xi Jinping (b. 1953) is a Chinese politician and government official who has served as the general secretary of the Chinese Communist Party (CCP) since 2012 and as the president of the People’s Republic of China since 2013. Previously he served as China’s vice president (2008–13).
Snowballs are exotic options that pay bond-like coupons as long as the stock index they reference stays within a predetermined range. The longer the investors hold the product, the bigger the return — like a rolling snowball. Similar offerings cost Natixis SA almost $300 million in 2018.
An estimated 330 billion yuan ($46 billion) of snowballs were outstanding as of November, according to UBS Securities Co.
Mountain walks in the Pyrenees with President Macron will make for a good photo op but can't mask key tensions between China and many European nations.
news.sky.com
President Xi Jinping has arrived in France for his big trip to Europe - it's been five years since his last visit and EU-Chinese relations have hit a rocky road.
China and European Union candidate Serbia have signed an agreement to build a “shared future” between the two states, making the Balkan country the first in Europe to agree on such a document with Beijing.
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