Help correct global trade imbalances: Macron to Xi

FRENCH PREZ TRYING TO REDUCE MASSIVE TRADE DEFICIT WITH CHINA

- REUTERS

FRENCH PRESIDENT EMMANUEL Macron urged Chinese leader Xi Jinping to boost cooperation on geopolitics, trade and the environment, as the European Union seeks China’s help in ending the war in Ukraine and Beijing looks for economic wins from US tariffs.

On his fourth state visit, Macron is walking a delicate tightrope, trying to reduce France’s massive trade deficit with China and secure industrial jobs at home to bolster his legacy, without antagonising the world’s second-largest economy.