Airbus Finally To Increase The Production Of Planes In China

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The push back against Chinese technology investments overseas has continued this week during French President Emanuel Macron's visit to China, with one official suggesting China's practices amount to "looting". The other, a warning to not underestimate growing concern and frustration in Europe - and elsewhere - with what many regard as China's unfair trade practices such as investment restrictions in many sectors that are not blocked in countries overseas. In December, China Aircraft Leasing Group Holdings also agreed to purchase 50 Airbus single-aisle planes valued at $5.42bn.

During an exclusive interview with China.org.cn ahead of his trip, Macron explained the reasons behind this decision.

The 40-year-old has deployed a mix of charm and threats on his first state visit since taking office in May. As such, Bazin said it was essential for his company to be in China.

Macron, who is the first foreign head of state to visit China this year, is nonetheless trying to woo China on environmental cooperation now that Beijing stands as the world leader in green efforts since the USA pulled out of the Paris Climate Accords.

In their wide-ranging talks in Beijing on Tuesday, Chinese President Xi Jinping and his French counterpart Emmanuel Macron said dialogue was the best way to ease tensions on the Korean peninsula.

The airliners would be delivered in 2019 and 2020.

The two governments are expected to announce a Franco-Chinese investment fund of more than 1 billion euros ($1.2 billion).

Speaking to Chinese and French entrepreneurs at a business park, Macron pointed to France's 30 billion euro ($36 billion) trade deficit with China a year ago and warned it was politically unsustainable.

Macron was quoted as saying the horse was from France's presidential cavalry corps. "He is nine years old and first came to the calvary regiment at the age of three", said a French Republican Guard.

When jointly meeting the press, Xi said he and Macron agreed on reinforcing bilateral cooperation in the worldwide context, jointly addressing global challenges including climate change and terrorism.

Ninety percent of China's beef imports come now from Brazil, Uruguay, Australia and New Zealand.

TRT World's Christine Pirovolakis reports.

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