China urges a ‘more fair’ business atmosphere in France

The Chinese Vice Premier He called Lifeng on Thursday for a “more fair, justified and predicted business atmosphere” in France during a conversation with Finance Minister Eric Lombard in Paris.He commented during a visit to France amidst trade tension between the European Union and China.“(We) is ready to provide a more fair, just and predictable business environment for France,” he said at the beginning of the meeting with Lombard.Vice Premier said that Beijing “welcomes French enterprises to increase its investment in China” and encourages Chinese companies to “trade and trade in France”.The European Union has imposed heavy tariffs on Chinese-made electric cars, after an investigation, the Chinese state subsidy was reducing European vehicle manufacturers.China has taken anti-dumping measures on the European Union brandy, killing France’s cognac industry.Lombard said after the meeting that no resolution was made about the export of Conyac.The discussion “did not result in a certain solution to the controversy”, he said, adding “door open” for further talks.China is a major market for French CONAC, which exports 1.4 billion euros ($ 1.6 billion) per year. Dumping anti-dumping measures are spending 50 million euros per month to the industry.French President Emmanuel Macron said on Tuesday that he was “appropriate optimistic” about conferences on Conyac.

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