Macron urges China to avoid protectionism

13 January, 2018, 03:53 | Author: Jason Torres
  • France signs deals with China

French President Emmanuel Macron continued his visit to China today with a panel discussion on climate change.

For her first photo op with Chinese President Xi Jinping and his wife, Peng Liyuan, after her arrival in Beijing on January 8, Macron chose a black coat with gold buttons and a chain-strap handbag, a simple and understated look accentuated with a very French scarf tied around her neck.

The French politician's first official visit to China is notable for coming as other leaders of the Western world struggle domestically.

In the case of the Macron trip, the aide said the planes would all represent new orders and include Airbus's latest A320neo, an upgraded version featuring more-efficient engines, without elaborating on the airlines concerned or providing an estimated value.

He also wants China to invest more in France.

"France imports 45 billion from China but only exports 15 billion, so we have access to markets which is unbalanced, unsatisfying".

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"We welcome France to expand investment in China and exports of high-grade French products, and we hope the French side will further loosen exports of high-tech products to China", China's Premier Li Keqiang told Macron, according to a Chinese government statement.

The project, which has taken eight years to complete, is the largest cooperative project on energy completed between the two nations as well as a great example of bilateral economic cooperation, said Nur Bekri, vice-chairman of China's National Development and Reform Commission and director of China's National Energy Administration.

The narrow-body build rate at the Tianjin plant east of Beijing will increase from the current four planes a month, said Airbus chief operating officer Fabrice Bregier, who is part of a trade delegation led by Mr Macron.

"It's important. It's symbolic", said Brigitte Macron, whose husband campaigned as a centrist candidate in the French presidential election.

Matheiu Duchatel, deputy director of the Asia and China Program at the European Council of Foreign Relations said President Macron's visit goes beyond France. The two signed several major trade deals during the visit, that included fields such as food, nuclear power and aerospace.

The French leader downplayed the lack of other big deals during his visit, saying other countries had trumpeted big figures in the past that masked more modest realities.

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