China and France pledged to strengthen economic collaboration and resist global fragmentation during high-level diplomatic talks in Beijing on Thursday, signaling a joint commitment to stabilizing international supply chains amid rising geopolitical tensions.
Chinese Foreign Minister Wang Yi met with French Minister for Europe and Foreign Affairs Jean-No\u00ebl Barrot, emphasizing that major powers must chart a responsible path forward. \"We need to practice true multilateralism and oppose all forms of unilateralism,\" Wang stated during the meeting.
The discussions addressed concerns about protectionism threatening global economic recovery, with both sides expressing opposition to \"decoupling and breaking the chain\" \u2013 references to recent moves by some Western nations to limit trade with China over national security concerns. Analysts view the alignment as particularly significant given France's historical role as a bridge between China and Europe.
Barrot affirmed France's commitment to \"open and fair trade,\" while acknowledging challenges in balancing economic security with market principles. The dialogue comes as European leaders face mounting pressure to define their strategic approach to China amid shifting U.S.-China relations.
For business leaders monitoring the talks, the outcome suggests continued opportunities for cross-border partnerships in green energy and advanced manufacturing \u2013 sectors both nations identified as priorities. The alignment could also influence upcoming EU-China investment negotiations scheduled for late 2024.
Reference(s):
cgtn.com