"Contrary to those who believe Sarko was the George Bush of France ('dragging' Obama into Libya, taking a hard line on Iran's nuclear program), and have hopes that the long-time head of the French Socialist Party will takea severe turn to the left, Hollande is likely to disappoint, " they said.
If China can heal some of those rifts with a greater focus on rescuing those left behind by the new prosperity, this may in turntake some of the pressure off the government to subsidise export workers through currency management.