France warms to more Chinese investment amid tariff fights
www.euractiv.com
"We can’t keep playing by the old rules in a world where trade has become an instrument of power," said the French trade minister

cross-posted from: https://lemmy.zip/post/47329939

French Trade Minister Laurent Saint-Martin signalled openness to Chinese investment on Wednesday, floating a détente with Beijing as the EU grapples with trade tensions with Washington.

  • Anonymaus@feddit.orgEnglish
    62·
    2 days ago

    Eu has to cut it’s reliance on usa, but chasing closer ties with china is beyond stupid, has eu learned nothing.

    • ℍ𝕂-𝟞𝟝@sopuli.xyzEnglish
      51·
      2 days ago

      We’re not autarkic, best we can do is diverse trade ties.

      I don’t see the problem with this in general.

      • Anonymaus@feddit.orgEnglish
        4·
        2 days ago

        I have no problem with diversifying trade ties, as long as no party has too much control/monopoly over the market.

    • pdxfed@lemmy.worldEnglish
      3·
      2 days ago

      South Korea is a much smaller example but in the same boat. Getting absolutely bullied and disrespected. Came out and announced they would be forming more mature relations with China this week after Trump made an ass of himself to the Korean delegation last week.

      For a smaller power, playing the two sides against each other so you hopefully get protected from each a bit is about the best play/outcome you can hope for.

      • NoneOfUrBusiness@fedia.io
        5·
        2 days ago

        I mean, the EU is absolutely not a smaller power so it makes no sense how it keeps behaving like one. The only thing preventing the EU from competing with China and the US for global influence is itself.

      • Anonymaus@feddit.orgEnglish
        1·
        2 days ago

        It’s unfortunate that the eu remains a playground for major powers, so playing both sides against each other may indeed be the only viable strategy.