Published 20:38 IST, November 4th 2019
French President Macron to visit China amidst trade disputes
Amidst France urging Beijing to open its markets despite the trade disputes, the President of France, Emmanuel Macron is scheduled to visit China this week.
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Amidst France urging Beijing to open its markets despite tre disputes and weak consumer spending, French President Emmanuel Macron is scheduled to visit China this week. French President arrived in Shanghai on vember 4 where he will visit import fair before travelling to Beijing for a visit on vember 6. French leer is visiting China at same time when France and its partners are urging Beijing to manufacture goods on its commitments to increase import of agricultural products along with manufacturing goods while opening its market for financial products and or services.
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Joined US complaints
France, as well as European Union, has joined United States in ir complaints with Chinese tre being unjust. China is currently struggling with lowest ecomic growth in last 30 years with lean demands making it to only 6 percent in latest quarter. During visit of President of China Xi Jinping to France in March, China h also signed an agreement worth more than $18 million to buy 300 aircraft from European planemaker Airbus. According to Macron, this was an 'excellent signal' which shows reliability of relationship between two countries.
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Xi's Paris visit
Macron h also arranged President Xi's meet with German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker during his visit to Paris. This was also seen as a push from European countries for tre talks with China. Chinese Foreign Ministry spokesperson Geng Shuang said that import fair is to demonstrate China's efforts to open its domestic markets. Furrmore, China thinks it will help country meet its domestic needs for ecomic development. Shuang furr said that European side should be assured that China will definitely fulfill its 'promises and commitments'.
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(With AP inputs)
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18:49 IST, November 4th 2019