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Macron urges Xi to propose “fair rules for all” amid brewing trade conflict – POLITICO

Macron urges Xi to propose “fair rules for all” amid brewing trade conflict – POLITICO

 


China responded by launching its own anti-dumping investigation into European wine-based liqueurs, largely targeting French cognac producers.

Xi, however, gave no indication whether he would make concessions to European demands upon his arrival at Elysee Palace. He called on China and the EU to “remain partners” and “deepen our strategic communication” during his opening speech ahead of the negotiations.

Von der Leyen was more specific in her criticism of Beijing's trade practices, saying China's “overcapacity” in certain economic areas, such as steel production and electric vehicles, was leading to “unsustainable imbalances.”

The President of the European Commission also threatened to “make full use of [the bloc’s] trade defense instruments” if necessary. “Europe will not hesitate to make the difficult decisions necessary to protect its economies and security,” she said.

In a break from the usual protocol for state visits, Xi's official car stopped at the entrance to the Elysee Palace, forcing the French president to cross the courtyard to greet the Chinese president. Together, they climbed the steps of the presidential palace, before briefly shaking hands.

Macron is also expected to press the Chinese leader over his relationship with Russia's Vladimir Putin, whose forces have in recent months been able to take advantage of dwindling Ukrainian supplies while also preparing for a possible offensive in the coming months. With heavy sanctions against Russia impacting the country's trade with the US and EU, China now supplies Russia with the lion's share of its consumer goods as well as key technologies for battlefield. Both sides benefit from what Xi called a “limitless partnership.”

Xi will then be treated to a ceremony at the Invalides monument in Paris, a state dinner at the Elysee Palace and, on Tuesday, a visit to the French Pyrenees.

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2/ https://www.politico.eu/article/emmanuel-macron-calls-china-xi-jiping-offer-fair-rules-for-all/

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