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China believes France will provide fair business environment for Chinese firms, foreign ministry says

2024 04 01T074423Z 1 LYNXNPEK300FQ RTROPTP 4 CHINA FRANCE scaled - Global Banking | Finance

China believes France will provide fair business environment for Chinese firms, foreign ministry says

BEIJING (Reuters) – China will import even more high-quality products and services from France and believes the European country will provide a fair business environment for Chinese firms, China’s foreign minister Wang Yi said on Monday.

At a joint press event with his French counterpart, Stephane Sejourne, Wang also said China hoped that de-risking was not targeted at specific countries and should not violate WTO rules.

“De-coupling with China is the biggest risk,” Wang said.

Europe has been pursuing a de-risking strategy and reducing dependency on China to retain its industrial edge and competitiveness.


(Reporting by Laurie Chen; Writing by Bernard Orr; Editing by Alison Williams)


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