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.
This is the best summary I could come up with:
Xi 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.
Xi also said China was willing to strengthen cooperation with France at the United Nations and other multilateral institutions.
The leader of the world’s second-largest economy also called on France to play a constructive role in promoting the positive development of China-EU relations, as ties have been strained over issues ranging from the EU’s push to reduce supply chain reliance on China to the war in Ukraine.
“China and the European Union should remain partners for mutually beneficial cooperation,” Xi said in the call.
The leaders also exchanged views on the conflict in Gaza, agreeing that it was imperative to avoid a further deterioration of the situation, in particular an even more serious humanitarian crisis, state television reported.
The original article contains 253 words, the summary contains 166 words. Saved 34%. I’m a bot and I’m open source!
The real TL;DR:
China wants a major European country to invest, so it can gain better leverage on said country to block European laws threatening China’s business model.
Even shorter:
China wants equal part in the global trade.
China wants to be more powerful than the USA and the EU combined
FTFY
Best of luck to them
Another variation: China wants global companies to invest as its economy heavily depends on exports and foreign direct investments.
I don’t think that’s equal…
No, but its a step towards a breaking of the hegemony
Question is: do we want to have China be the one to break the hegemony? Di we want to have anyone dominating trade world wide is another as a matter of fact.
I want to see China being turned into a Winnie the Pooh theme park.
We both don’t get what we want…
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.