“The rebalancing of our economic partnership is a priority, as it is for our European partners,” Sejourne said at a joint news conference with Wang
Stéphane Sejourne and Wang Yi. Pic/AP
The French foreign minister pressed China on trade issues and the war in Ukraine on Monday ahead of a planned visit to France by Chinese leader Xi Jinping later this spring. Stephane Sejourne, in talks with his counterpart Wang Yi in the Chinese capital, largely echoed positions that have been laid out by European leaders, including Dutch Prime Minister Mark Rutte on a visit to Beijing last week.
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“The rebalancing of our economic partnership is a priority, as it is for our European partners,” Sejourne said at a joint news conference with Wang. “The European Union is a very open market, the most open in the world. But the current deficits with a certain number of countries, including China, are not sustainable for us.”European officials have expressed concern that a flood of low-priced Chinese-made electric vehicles could disrupt production and displace jobs in Europe.
The EU is investigating whether Chinese government subsidies for EVs give an unfair advantage to Chinese auto exporters. European companies operating in China are complaining that recent changes to national security laws have made it riskier to invest and do business in the country.
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