Chinese Foreign Ministry Expects Fair Business Environment from France

04 Apr, 2024

Chinese Foreign Ministry Expects Fair Business Environment from France

China's Foreign Minister Wang Yi expressed confidence in France's commitment to fostering a favorable business atmosphere for Chinese enterprises during a recent press briefing. Wang highlighted China's intention to enhance its imports of top-notch goods and services from France, underlining the expectation of fair treatment for Chinese firms. The remarks were made in conjunction with French Foreign Minister Stephane Sejourne.

Moreover, Wang cautioned against measures that could lead to the isolation or estrangement of China, stressing that disengagement poses significant risks. He emphasized the importance of upholding World Trade Organization (WTO) regulations, advocating for policies that do not target specific nations.

In recent years, Europe has pursued strategies aimed at reducing reliance on China to safeguard its industrial competitiveness. This approach, commonly referred to as de-risking, seeks to mitigate potential vulnerabilities associated with overreliance on any single market. Wang's statements underscore the complexities and sensitivities surrounding global economic dynamics, particularly amidst evolving geopolitical tensions.