An analysis of Macron's seemingly contrasting statements during his visit to China and upon his return to Europe reveals intriguing dynamics. While in China, he received a warm welcome marked by hospitality and emphasized the importance of dialogue and cooperation. He also stated that the EU should encourage more direct investment from China as a means to help rebalance trade. Over $100 billion worth of contracts were signed between China and France.
After returning to Europe, it was emphasized that the massive EU-China trade imbalance is "not sustainable," accompanied by a clear warning. It was stated that if China fails to take action to reduce its trade surplus, the EU may implement "very strong measures," such as tariffs, in the coming months. The issue was framed as a matter of "survival for European industry," which is currently caught between U.S. and Chinese trade policies. The potential use of tariffs was also acknowledged.
True to nicknamed Chameleon?
After returning to Europe, it was emphasized that the massive EU-China trade imbalance is "not sustainable," accompanied by a clear warning. It was stated that if China fails to take action to reduce its trade surplus, the EU may implement "very strong measures," such as tariffs, in the coming months. The issue was framed as a matter of "survival for European industry," which is currently caught between U.S. and Chinese trade policies. The potential use of tariffs was also acknowledged.
True to nicknamed Chameleon?
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