China-France Talks: A Delicate Balance of Power

(The Post News)- Beijing’s friendly ties with France are seen as a strategic move. This helps expand its influence within the 27-member EU. However, China has limited room to offer major concessions to Paris. The anticipated 500-jet Airbus order is unlikely to materialize. China prioritizes its leverage in trade talks with the US. The US is pushing for Boeing commitments.

Ukraine and Global Governance

China’s constraints are evident in its reluctance to ease conditions for French cognac makers or pork producers. This reluctance is because easing conditions would weaken its negotiating position with Brussels over EV tariffs. Additionally, Xi Jinping is unlikely to offer a breakthrough on the Ukraine war, having recently reaffirmed China’s support for Russia.

Recent visits by European leaders have yielded little in terms of tangible outcomes. These leaders include Spain’s King Felipe VI and German Finance Minister Lars Klingbeil. Chinese government advisers say Beijing feels it has the upper hand. They are waiting for Brussels to accept a minimum price plan for its EVs.

Trade Tensions and Economic Concerns

Economic relationship and Ukraine centered the talks between President Xi and Macron

The EU and China have ongoing trade disputes. The EU is imposing tariffs on Chinese EVs. China is responding with retaliatory measures. Macron has pushed for a more robust European approach. He advocates for “European preference” in tech. He also aims to reduce dependence on Chinese supply chains.

Xi Jinping emphasized the importance of mutual understanding and support between China and France. Macron highlighted the necessity for cooperation on global security and economic governance. The two leaders signed 12 cooperation agreements, covering areas like nuclear energy, population ageing, and panda conservation.

The talks come amidst growing trade tensions and global uncertainties, with the EU facing a massive trade deficit with China. Macron’s visit aims to boost bilateral ties and address pressing issues, including Ukraine and trade imbalances.

China views Europe as an independent pole in a multipolar world and supports the EU’s strategic autonomy. However, Beijing’s influence is limited, and it must navigate complex trade negotiations with the US and EU.

The EU has imposed tariffs on Chinese EVs, citing unfair state subsidies. China has responded by raising tariffs on European imports, including pork and brandy. Macron’s visit seeks to address these trade frictions and promote cooperation.

Cooperation Agreement

Xi Jinping and Macron have agreed to deepen cooperation in areas like aerospace, nuclear energy, and artificial intelligence. The two leaders also discussed global issues, including Ukraine and Gaza.

Macron’s visit to China reflects the EU’s efforts to balance its relationships with Beijing and Washington. The French president is pushing for strategic autonomy. He also emphasizes a European preference in tech. This aligns with China’s desire for a more multipolar world.

The outcome of Macron’s visit remains uncertain, with China and the EU holding differing views on trade and security. A Chinese advisor pointed out that the EU should seriously reconsider its China policy. It should ensure it is not overly tied to Russia and Ukraine.