Sarkozy calls for new rules on emerging powers

DEAUVILLE, France / BEIJING - It is time to impose rules on China and India on issues such as climate change and trade as emerging powers can no longer be classified as poor countries, French President Nicolas Sarkozy said on Thursday.

Emerging economies have now become a third category of countries between the rich and the poor, Sarkozy said during a press conference at the ongoing G8 Summit in the French coastal city, Deauville.

Observers think Sarkozy has exaggerated China's international influence.