As we all are familiar with the China situation of the world, we have seen a great change in the Chinese economy in the past 15 months which have been since the start of the trade war with the nation of the United States and this trade war has been costing the economy a lt as much as it has taken down 0.2 percent growth from its GDP to which the nation has become aggressive and is keen and bullish on bringing back the growth.
French President Emmanuel Macron had visited China and had signed some deals with the Chinese government, which I think is part of both the nation’s strategy to combat the globally slowing economy, which has been a major concern for almost all the nations involved in the mess. China is not very famous in the western markets as it has always been accused of having bias trading policies for nations and this has caused it a lot in western markets but the approach has changed as China is desperate to get back the growth that it had lost and this is changing with the 12 billion euro deal that the nation of France has signed with China as France believes that China is finally opening up and offering good trade to the western nations.
The deals are in the field of aeronautics, energy, and agriculture. And also include the export from France of poultry, beef, and pork to China as the nation is in great shortage of pork due to the African swine fever.
Tags : China, United States, French, Emmanuel Macron, France,