France to seal deals with China but challenge on Belt and Road project

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France to seal deals with China but challenge on Belt and Road project
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France and China planned to sign trade deals worth billions of euros on Monday d...

PARIS - France and China planned to sign trade deals worth billions of euros on Monday during a visit by Chinese President Xi Jinping but Paris will also take the opportunity to push back against Beijing’s “Belt and Road” infrastructure initiative.

After he and Xi meet later on Monday, the two will hold further talks on Tuesday with German Chancellor Angela Merkel and Jean-Claude Juncker, head of the European Union executive. An official in Macron’s office said significant progress was expected in terms of opening up the Chinese market for some farm goods, especially poultry. French officials have also voiced hope that a multi-billion dollar deal for China to buy dozens of Airbus planes could be finalised.

The EU is already weighing a more defensive strategy on China, spurred by Beijing’s slowness in opening up its economy, Chinese takeovers in critical sectors, and a feeling in European capitals that Beijing has not stood up for free trade.

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