France Proposes G7-China Trade Talks Before June 15 Summit as Trade Tensions Over $820 Billion Rise
Updated
Updated · China Daily · Jun 9
France Proposes G7-China Trade Talks Before June 15 Summit as Trade Tensions Over $820 Billion Rise
3 articles · Updated · China Daily · Jun 9
Summary
France is weighing a video dialogue between the G7 and China before the June 15-17 summit in Evian-les-Bains, aiming to discuss trade frictions and avoid tit-for-tat punitive measures.
Roland Lescure said last month France wants less finger-pointing and more constructive engagement with China, even as some developed economies frame bilateral deficits as a broader "global trade imbalance" problem.
China Daily argued that premise is flawed, saying China's surpluses reflect industrial specialization and supply chains, while export controls by advanced economies also limit their own sales to China.
China-EU goods trade topped $820 billion last year, and thousands of European companies are still expanding in China, underscoring a gap between political rhetoric and commercial ties.
The commentary said the bigger risk to growth is inflation from Middle East-driven energy disruption and warned that unilateralism and protectionism, not China's trade data, threaten the global trading system.