China will wait and see. This Nov 15 will end up with nothing except for some blah blah talk.
It is stupid to board on this Sarkozy ship. "Frenchmen think too much" (quoted from their FIRST female Finance Minister, who was detested by the French elite), blah blah and bullshit talk too much, flirt too much and have no strength to substantiate their bluff.
The new president-elect Obama is a nationalist and he only cares about his supporter's welfare, not French interests.