France presses China on trade and Ukraine ahead of upcoming Xi Jinping visit



BEIJING: The French overseas minister pressed China on commerce points and the struggle in Ukraine on Monday forward of a deliberate go to to France by Chinese language chief Xi Jinping later this spring.
Stephane Sejourne, in talks along with his counterpart Wang Yi within the Chinese language capital, largely echoed positions which were laid out by European leaders, together with Dutch Prime Minister Mark Rutte on a go to to Beijing final week.
“The rebalancing of our financial partnership is a precedence, as it’s for our European companions,” Sejourne mentioned at a joint information convention with Wang. “The European Union is a really open market, probably the most open on the earth. However the present deficits with a sure variety of international locations, together with China, are usually not sustainable for us.”
European officers have expressed concern {that a} flood of low-priced Chinese language-made electrical autos might disrupt manufacturing and displace jobs in Europe. The EU is investigating whether or not Chinese language authorities subsidies for EVs give an unfair benefit to Chinese language auto exporters. European firms working in China are complaining that current adjustments to nationwide safety legal guidelines have made it riskier to speculate and do enterprise within the nation.
On the Chinese language facet, officers have raised concern a few “de-risking” technique being pursued by the EU to make sure that it isn’t overly depending on anyone nation for important provides and minerals. Wang expressed understanding for the European place however mentioned he hopes it does not negatively have an effect on enterprise sentiment.
“I imagine the information have proved and can proceed to show that China constitutes alternatives to Europe, moderately than dangers,” he mentioned. “The 2 sides are companions not opponents.”
He additionally mentioned that China is prepared to import extra “high-quality French services and products” and is working to resolve the considerations raised by European firms, together with restrictions on the switch of information abroad.
Sejourne insisted that Europe is just not turning into protectionist and stays open to funding, a potential reference to makes an attempt to woo Chinese language automakers and different firms to create jobs by constructing factories in Europe moderately than exporting their merchandise from China.
Neither overseas minister talked about a Chinese language anti-dumping investigation into imports of French brandy that, along with the EU electrical automobile probe, could possibly be a precursor to a commerce struggle.
On the Ukraine struggle, he mentioned France expects China, as a serious nation, to go on clear messages to Russia. China, although, has a unique stance on the struggle than Europe or america, each of which again Ukraine. China could have Russia’s ear, but it surely’s unclear what message it’s delivering.
Sejourne mentioned France is set to take care of an in depth dialogue with China to contribute towards discovering a path to a long-lasting peace in Ukraine.





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