China wants French companies to invest more, Xi tells Macron
asia.nikkei.com
French leader also called on to constructively promote positive China-EU relations

China’s President Xi Jinping made the comments in a phone call with French President Emmanuel Macron, Chinese state television reported, fortifying ties with its European trading partner after Macron visited China in April.

China faces an electric vehicle subsidy investigation by the European Union and a looming probe into its steelmakers. Meanwhile, several European countries have complained about China’s opaque laws and rules regarding foreign companies in the country.

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    China bets on France in relations with EU

    Macron responded that foreign companies in the Chinese market should come with fair competition conditions – echoing the several EU companies and countries that have often complained about China’s opaque law on foreign companies.

    Xi’s ‘tempting’ words come as China faces an anti-subsidy investigation launched by the European Commission on 4 October, looking into whether China is involved in an alleged illegal subsidisation scheme.

    In the call, Macron also expressed “deep concerns” about the Russian-North-Korean military cooperation, which he said could have an impact on Russia’s war in Ukraine.

    Macron also called on China to maintain relations with the Ukrainian authorities, despite China’s refusal to condemn Russia’s invasion of Ukraine and despite Russia’s withdrawal from two arms treaties, the reiteration of its readiness to use nuclear weapons and its nuclear test in November.