Published: Fri, January 12, 2018
People | By Leon Thompson

French President Emmanuel Macron calls for coordinated European Union approach to China

French President Emmanuel Macron calls for coordinated European Union approach to China

Macron and Xi also vowed to keep up the fight against climate change - a key pledge in the face of US President Donald Trump's vow to withdraw from the Paris accord.

President Emmanuel Macron offered on Tuesday to open up the French economy to Chinese investment in exchange for greater access to China's booming markets, warning in talks in Beijing that existing trade imbalances would lead to protectionism. "It's a question of sovereignty as you yourselves have understood very well", Macron added, seated next to his Chinese counterpart.

French nuclear group Areva is close to signing a commercial deal to build a nuclear reprocessing plant, the official added.

European aerospace giant Airbus announced an agreement with Chinese partners to increase production of its A320 jet in Tianjin to six aircraft per month. agreed to sell 2 billion euros worth of French products - such as Remy Martin cognac or Evian water - on its website over the next two years.

French president announces 'fake news' law
Since becoming president he has also accused one Russian Federation channel of sowing disinformation about him via its website. The French legislation is yet to be finalised, but deciding on what is or is not fake news is bound to be the main problem.

New orders for Airbus jetliners have historically featured during such visits by French leaders.

Macron, travelling with a French business delegation, wants to secure deals during his visit that Paris hopes will give France the same access to Chinese markets as its companies receive overseas.

China is France's biggest Asian trading partner but the French side reported a 30 billion euro trade deficit past year. "And today, with the new Silk Road being created, I think that the partnership between France and China can avoid repeating these mistakes".

On Tuesday, Xi said the project "doesn't belong to just one country", though he acknowledged that it "reflects the Chinese vision of global governance". He was formally handed a second term and his name was enshrined in the party's constitution.

In a speech in the western city of Xi'an on the first day of an official visit, Macron said he would propose to his Chinese counterpart, Xi Jinping, a joint "year of ecological transition" to mobilise their governments and companies.

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