BEIJING (Washington Insider Magazine) — France’s foreign minister, Stéphane Séjourné, urged China to address trade imbalances and play a constructive role in resolving the Ukraine war during discussions in Beijing on Monday. The talks come ahead of a planned visit by Chinese President Xi Jinping to France later this spring.
Trade Imbalances Dominate Discussions
Séjourné emphasized the need for a “rebalancing” of the economic relationship between Europe and China, citing unsustainable trade deficits. He noted that the European Union remains the most open market globally but expressed concerns over unfair competition, particularly in the electric vehicle (EV) sector.
The EU is investigating whether Chinese EV subsidies are distorting global markets, while European firms operating in China face challenges under revised national security laws, raising investment risks.
Chinese Foreign Minister Wang Yi reassured Séjourné that China sees Europe as a partner, not an opponent. Wang added that China would work to address European business concerns, including data transfer restrictions, and increase imports of “high-quality French products and services.”
EU’s “De-risking” Strategy
China voiced reservations over the EU’s “de-risking” strategy, aimed at reducing dependency on single-source suppliers for critical resources. Wang acknowledged the EU’s position but warned against undermining business confidence.
Séjourné countered claims of European protectionism, highlighting efforts to attract Chinese investments, such as automaker factories in Europe, to bolster mutual economic growth.
Ukraine War: A Call for Action
On Ukraine, Séjourné called on China to leverage its influence with Russia to promote peace. While China maintains a neutral stance, Séjourné stressed the importance of dialogue in achieving a lasting resolution to the conflict.
France remains committed to engaging with China diplomatically, hoping Xi’s upcoming visit will further align their positions on key issues.
Outlook
The high-level dialogue reflects a cautious balancing act as France and the EU navigate economic ties with China while addressing geopolitical challenges like the Ukraine war. Both nations have signaled a willingness to maintain open channels for cooperation and conflict resolution.
