Chinese President Xi Jinping's visit to France has major geopolitical and economic implications. The visit comes as the European Union increasingly aligns with US concerns over security risks and trade tensions. In response, Xi recently urged the nation to resist the "new Cold War."
Xi Engages in Talks with Macron, Advocates Against Economic Decoupling Amid EU-China Tensions
During talks with French President Emmanuel Macron, Xi stressed the importance of upholding mutual benefits and jointly opposing decoupling and disruptions of supply chains. Bloomberg reports that Xi's visit aims to convince Europeans that Beijing offers economic opportunities amid strained trade relations.
Meanwhile, the EU and China find themselves at odds on multiple fronts, including Russia's war in Ukraine and international commerce. Macron reiterated the inseparability of European and Ukrainian security, a sentiment echoed by EU Commission President Ursula von der Leyen.
Xi stressed the need for negotiations to resolve the conflict, adding that it should not be used to criticize China. He cautioned against blaming a third country for the crisis and warned against sparking a new Cold War.
Xi's Visit Aims to Bridge EU-China Trade Gaps Amid Tensions
The Financial Times reports that Xi promised greater access to the Chinese market for French exports like cosmetics and agricultural goods. However, tensions persist, with the EU investigating Chinese industries over fears of dumping, particularly in green energy-related goods.
Macron and von der Leyen pushed for more balanced trade with China, while Xi showed reluctance to offer major concessions. The EU's assertive stance aligns with the US approach, complicating EU-China relations.
Xi's visit highlights efforts to bridge differences and foster cooperation, with Macron expressing hope for progress on trade issues.
Despite challenges, there are signs of receptivity from both sides. Xi's call to resist a "new Cold War" mirrors broader geopolitical dynamics as China seeks to maintain influence amid shifting alliances.
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