SHANGHAI/PARIS (Reuters) – French President Emmanuel Macron will seek
to make China deliver on promises to grant more access to foreign
companies, eyeing agribusiness and finance, advisers said ahead of his
arrival in Shanghai for a giant import fair.
Macron, who will attend the fair along with other European officials
including incoming EU trade commissioner Phil Hogan, would take China
“at its word” that it aims to open itself up to trade, a presidential
adviser said ahead of the Nov. 4-6 trip.
“Since this fair is supposed to demonstrate China’s openness, well,
let’s prove it with access to its agrobusiness market and progress on
the EU-China deals,” the adviser added.
Macron will travel with a business delegation of 30 companies ranging
from blue chips to small firms. He will seek greater access in the
fields of finance and aerospace as well as fewer export restrictions for
French poultry.
China has long been dogged by Western allegations of unfair trade
practices, from forced tech transfers to protectionist market entry
policy.
That has led to disputes with the United States in particular, which
has slapped tariffs on Chinese exports. The French adviser said
Washington was right to push for better behavior from the Chinese, even
if France does not necessarily support President Donald Trump’s trade
moves.
“The United States ask the right questions, but don’t necessarily have the right answers,” the French adviser said.
The French president will be visiting China for the second time since
he took office. During his last trip last year, he said Beijing’s
flagship “Belt and Road” project to develop global trade infrastructure
should not be “one-way”
Macron has been keen for EU countries, which negotiate trade deals as
a bloc, to show a united political front towards Beijing. When
President Xi Jinping came to Paris in March, Macron invited German
Chancellor Angela Merkel and EU Commission chief Jean-Claude Juncker to
the Elysee palace.
Germany’s exports to China account for nearly half the EU total and more than four times as much as those of France.
Demonstrating unity is “important, because we know how Europeans have
moved to China without any co-ordination in the past, letting China
think we were divided,” the adviser said.https://www.oann.com/in-china-macron-wants-to-take-beijing-at-its-word-on-free-trade/
