China, France promise cooperation on climate, security

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China, France promise cooperation on climate, security

Europe was now united and ready to cooperate with China after years of crisis-management and economic stagnation, Macron said.

But like many Western countries, France has a trade deficit with China - to the tune of around $35 billion. However, Airbus has offered China a production role for the first time in an attempt to attract new orders.

Macron and Xi on Tuesday signed several Memorandums of Understanding (MoUs) for cooperation in areas such as aviation and nuclear energy. "If they are roads, they can not be one-way", he said. He said the two countries can work together to promote connectivity and openness.

He also welcomed Macron's endorsement of his cherished One Belt, One Road project, a $1 trillion revival of ancient Silk Road land and sea trading routes.

French President Emmanuel Macron has appealed to Chinese leaders to open their country's markets wider and warned lack of action might prompt other countries to close their own markets.

"We have an access to markets which is unbalanced, unsatisfying", Macron told members of the French and Chinese business community at a start-up incubator in Beijing. "The A380 is the flawless jet for China in 1993", he said. "So when France or Europe defends its strategic sectors, it's good for us and for dialogue", Macron said.

Like France, economies across the globe want to do more business in the country's massive market and have more investment come to their shores, but China's pace of adopting reforms to further open up its doors is feeding a global backlash.

China and France have promoted themselves as leaders on global warming after Trump pulled out of the Paris climate agreement.

It was a symbolic gesture signaling his support for Chinese President Xi Jinping's plan to link Europe and Asia through new infrastructure, The Guardian reported Monday.

During his campaign, the French leader took a "slightly negative" approach to China by pushing for a European-level investment protection agency, but that development seems to have lost ground, Garcia-Herrero said.

The trip comes as Britain's impending departure from the European Union and the more inward-looking policies of U.S. President Donald Trump have raised the prospect of a possible realignment of global influence.

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