French President Emmanuel Macron and German Chancellor Olaf Scholz on Friday called for a “rebalancing” of trade relations between Europe and China on the eve of the German leader visiting Beijing.
In a video call between the two European leaders, they also discussed the impact of the war in Ukraine on European security, officials in Macron’s office said.
Scholz travels to China this weekend for a delicate three-day trip at a time when the West is sharpening its tone toward Beijing, both about its trade practices and its closeness to Moscow.
Photo: EPA-EFE
The EU has accused China of inundating Europe with subsidized goods sold at below-market prices.
The European Commission on Tuesday opened a probe into Chinese wind turbine suppliers, following investigations into state aid for solar panels, electric vehicles and trains.
In their call, Macron and Scholz also underlined the need to “spur European competitivity,” notably by deepening pan-European capital markets, a project that would require harmonizing financial rules across the bloc, but which has been held up by disagreements between Paris and Berlin.
The two also reaffirmed their “unwavering and long-term support for Ukraine” and “discussed European initiatives to provide military support for Ukraine,” Macron’s office said.
The French president has been expected to visit Ukraine for several weeks, but he has said he would only make the trip when he has something concrete to bring.
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