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French President Macron’s China visit seeks to boost trade relations

12/01/2018

French President Emmanuel Macron has just wrapped up his first official state visit to China – an event that experts say highlights his commitment to cementing positive relations between Beijing and Europe. One of the key messages conveyed during the French President’s visit related to the enormous possibilities and opportunities that exist for cooperation between China and Europe. Macron said that he is ready to work to “get the Europe-China relationship into the 21st Century” and will visit the country at least once every year while he is still the President of France. China’s president, Xi Jinping, said the two countries will look to deepen their “strategic cooperation,” a vision that was underlined by the fact the two countries signed a number of major trade deals during Macron’s visit, that included fields such as food, aerospace, online retailing and nuclear power. Macron also met with Alibaba founder Jack Ma, as well as a number of other officials from Chinese and French companies. He offered to open France to Chinese investment in exchange for greater access to China's markets for French companies. Talking about trade relations between the two countries, Alicia Garcia-Herrero, chief economist for Asia Pacific at French bank Natixis, said Chinese consumers have a growing hunger for what France has to offer.

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