China is looking to overtake the U.S. as the world’s largest economy in 25 years, estimates state. Jintao steps down in 2012 and his successor has already been named. This week, Jintao will be in Paris where French president Nicholas Sarkozy is supposed to greet Jintao with soldiers on horseback and a glamorous state dinner at the Elysee Palace. In return, Sarkozy hopes for huge contracts for airplanes and energy projects.
China hosted the unforgettable 2008 Olympics. And even though Sarkozy threatened to boycott the most dramatic opening ceremony in the history of the Olympics, Hu will stay in France for a three-day visit. Sarkozy, who banned gypsies over the summer, wanted to protest China’s treatment of Tibet prior to the Olympic games.
The two countries reconciled last year when Sarkozy signed a cooperation agreement with Jintao and China’s ruling communist party.
Hu Jintao, the president of China, is Forbes' most powerful person in the world
The West is decrying Forbes’ choice of Jintao as the world’s most powerful man. Some feel there are other Chinese power makers who have a better resume than Hu’s. In other words, some feel that China and it’s hardworking history and work ethic, not Jintao, deserve the accolades.
President Barack Obama is ranked second to Jintao. Jintao is head of the world’s largest army. Forbes says that Jintao “refused to kowtow to US pressure to change its exchange-rate regime.” This refusal has spurred on China's economy while European markets have suffered immeasurably during the last past decade.