Macron tells Xi their nations’ companies ‘must enjoy fair competition’ ...Middle East

“Chinese investment is welcome in France. But our companies must enjoy fair competition in both countries,“ Macron wrote on X following talks with Xi.

Macron and Xi spoke by phone amid trade tensions between the European Union and China.

China is a major market for French cognac, with exports worth 1.4 billion euros ($1.6 billion) per year. The anti-dumping measures are costing the industry 50 million euros per month.

The talks between the two leaders follow Chinese Vice Premier He Lifeng’s visit to France last week, during which he called for “a more fair, just and predictable business environment”.

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