{"id":431811,"date":"2025-12-07T21:29:13","date_gmt":"2025-12-07T21:29:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/431811\/"},"modified":"2025-12-07T21:29:13","modified_gmt":"2025-12-07T21:29:13","slug":"european-industry-faces-life-or-death-macron-says-and-china-needs-to-help-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/431811\/","title":{"rendered":"European industry faces \u2018life or death,\u2019 Macron says \u2014 and China needs to help \u2013 POLITICO"},"content":{"rendered":"

“I am trying to explain to the Chinese that their trade surplus is untenable and that they are killing their own customers, mainly by not importing much from us,” the French leader said. <\/p>\n

A similar imbalance exists between Europe’s \u20ac232 billion investment stock in China \u2014 the total value of accumulated portfolio investments and FDI \u2014 and China’s \u20ac65 billion\u00a0in Europe, according to data for 2023.<\/p>\n

“We recognize that they are very good in some areas. But we can’t be constantly importing,” Macron said. “Chinese businesses have to come to Europe, just like EDF and Airbus previously went to China, and create value and opportunities for Europe.”<\/p>\n

He added, however, that “Chinese investments in Europe must not be predatory, by which I mean in pursuit of hegemony and creating dependencies.”<\/p>\n

France takes up the 2026 presidency of the G7 group of major advanced economies on Jan. 1 and will host the G7 summit in Evian, France, in June. Bloomberg reported last month<\/a> that Macron is considering inviting Chinese President Xi Jinping to the summit and intends to use its presidency to restore the G7 to its former global standing.<\/p>\n

Macron warned in the Les Echos interview that Europe might be forced to slap customs duties on Chinese imports, as the U.S. has done under Donald Trump, and accused Beijing of “hitting the heart of Europe’s innovation and industrial model.”<\/p>\n

But rather than more confrontation, the French president proposed a truce with Beijing \u2014 “the mutual dismantling of our aggressive policies, such as restrictions on the export of semiconductor machines on the European side and limitations on the export of rare earths on the Chinese side.”<\/p>\n","protected":false},"excerpt":{"rendered":"“I am trying to explain to the Chinese that their trade surplus is untenable and that they are…\n","protected":false},"author":3,"featured_media":431812,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[3992,64,74,5374,69,106223,79,8703,264,156,20154,3195,2426,268,26450,130,67,132,68,11762],"class_list":{"0":"post-431811","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-americas","9":"tag-business","10":"tag-china","11":"tag-customs","12":"tag-donald-trump","13":"tag-dumping-duties","14":"tag-economy","15":"tag-emmanuel-macron","16":"tag-exports","17":"tag-france","18":"tag-imports","19":"tag-industry","20":"tag-innovation","21":"tag-investment","22":"tag-macron","23":"tag-trade","24":"tag-united-states","25":"tag-unitedstates","26":"tag-us","27":"tag-xi-jinping"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115680415892469520","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/431811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=431811"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/431811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/431812"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=431811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=431811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=431811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}