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Electric cars, solar panels, cognac, cosmetics… France and China are trying to ease their trade tensions

2024-04-05T18:03:33.335Z

Highlights: Will President Xi Jinping come to France on May 6 and 7 to celebrate the sixtieth anniversary of Franco-Chinese diplomatic relations initiated by General de Gaulle and Mao? The date has not yet been set, but this project is being prepared in Paris and Beijing. For the French flagships of the industry, which have benefited from very strong growth since the 1990s thanks to the opening of the Chinese market, the stakes are crucial. Chinese authorities seem much less eager to open their market to Western groups.


STORY - The Chinese Minister of Commerce is visiting France on Sunday and Monday. The challenges ahead are numerous, as President Xi Jinping's visit next month looms, as part of the sixtieth anniversary of Franco-Chinese diplomatic relations.


Will President Xi Jinping come to France on May 6 and 7 to celebrate the sixtieth anniversary of Franco-Chinese diplomatic relations initiated by General de Gaulle and Mao? The date has not yet been set, but this project is being prepared in Paris and Beijing.

It is from this perspective that we must analyze the visit of Wang Wentao, the Chinese Minister of Commerce ,

assures an industrialist familiar with the matter. For the French flagships of the industry, which have benefited from very strong growth since the 1990s thanks to the opening of the Chinese market, the stakes are crucial. Not so much because growth is slowing down in the Middle Kingdom but above all because the Chinese authorities seem much less eager to open their market to Western groups: on the one hand, they prefer to allow local players to emerge in most industrial and service sectors; on the other hand, they continue to support these groups so that they…

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Source: lefigaro

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