The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: January 15, 2025
Today: January 15, 2025

China's Xi praises French ties as Macron prepares to talk trade

FILE PHOTO: Chinese President Xi Jinping and French President Emmanuel Macron stand in front of Chinese and EU flags at a signing ceremony inside the Great Hall of the People in Beijing
May 04, 2024

By Michel Rose and Noemie Olive

PARIS (Reuters) -President Xi Jinping lauded China's ties with France as an international model on Sunday as he arrived in Paris for a rare visit against a backdrop of mounting trade disputes with the EU.

French President Emmanuel Macron is set to urge Xi to reduce trade imbalances and to use his influence with Russia over the war in Ukraine. China's President is due to meet Macron and European Commission chief Ursula von der Leyen on Monday.

Xi, who was welcomed in Paris by Prime Minister Gabriel Attal, said in a statement released on his arrival that ties between China and France were "a model for the international community of peaceful coexistence and win-win cooperation between countries with different social systems".

China's Xi praises French ties as Macron prepares to talk trade
Chinese President Xi Jinping visits France

France is backing a European Union probe into Chinese electric vehicle exports, and in January, Beijing opened an investigation into mostly French-made imports of brandy, a move widely seen as a tit-for-tat retaliation for EU probes.

"We want to obtain reciprocity of exchanges and have the elements of our economic security taken into account," Macron said in an interview with French newspaper La Tribune ahead of Xi's two-day visit, his first trip to the region in five years.

The EU's 27 members - in particular France and Germany - are divided on their attitude towards China.

China's Xi praises French ties as Macron prepares to talk trade
Chinese President Xi Jinping visits France

German Chancellor Olaf Scholz will not join Macron and Xi in Paris due to prior commitments, sources said.

"In Europe, we are not unanimous on the subject because certain players still see China as essentially a market of opportunities," Macron said, without naming any countries.

These divisions could undermine the EU's ability to influence the Asian giant.

China's Xi praises French ties as Macron prepares to talk trade
Chinese President Xi Jinping visits France

France will also seek to make progress on opening the Chinese market to its agricultural exports and resolve issues around the French cosmetic industry's concerns about intellectual property rights, officials said.

China may announce an order for around 50 Airbus aircraft during Xi's visit, but it remains uncertain whether it will be a new deal, people familiar with the negotiations said.

France has been keen to nudge China into pressuring Moscow to halt operations in Ukraine, with little progress apart from Xi's decision to call President Volodymyr Zelenskiy for the first time shortly after Macron visited Beijing last year.

"If the Chinese seek to deepen the relationship with European partners, it is really important that they hear our point of view and start taking it seriously," a French diplomatic source said.

Macron will take Xi to the Pyrenees, a mountainous region dear to the French President as the birthplace of his maternal grandmother, on Tuesday before Xi heads to Russia-friendly Serbia and Hungary.

(Reporting by John Irish, Michel Rose, Ingrid Melander, Sybille de La Hamaide, Noemie Olive, Tim Hepher; Editing by Frances Kerry, Bernadette Baum and Alexander Smith)

Related

Asia|Business|Europe|Technology

Nokia signs multi-year patent license agreement with Samsung

Finland's Nokia said on Wednesday it had signed a multi-year patent license agreement with Samsung , for the use of Nokia's video technologies in the South Korean company's

Nokia signs multi-year patent license agreement with Samsung
Asia|Election|Political|US|World

Parliament speaker to lead Taiwan delegation to Trump's inauguration

A delegation of Taiwanese lawmakers led by parliament's speaker will attend Donald Trump's inauguration as U.S. president, the presidential office said on Wednesday, adding the

Parliament speaker to lead Taiwan delegation to Trump's inauguration
Asia|Political|US|World

Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

In a heated Senate confirmation hearing for Pete Hegseth, Sen. Tammy Duckworth grilled the proposed defense secretary over the Association of Southeast Asian Nations, asking him if he could name one member and how many countries were in the bloc

Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?
Asia|Business|Economy|Finance|Stock Markets

Bank Indonesia delivers surprise rate cut to support growth

Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's

Bank Indonesia delivers surprise rate cut to support growth
Share This

Popular

Asia|Environment|Food|Science

Kashmir's saffron growers experiment with indoor farming as climate pressures mount

Kashmir's saffron growers experiment with indoor farming as climate pressures mount
Asia|Business|Political|World

India's defence minister cites power rivalry in Indian Ocean region

India's defence minister cites power rivalry in Indian Ocean region
Asia|Crime|Election|Political

Bangladesh's top court acquits former PM Khaleda in graft case

Bangladesh's top court acquits former PM Khaleda in graft case
Asia|Business|Technology

Tesla to suspend part of new Model Y lines in China for upgrades, Bloomberg News reports

Tesla to suspend part of new Model Y lines in China for upgrades, Bloomberg News reports