🇨🇳🤝🇫🇷 Sixty years after establishing diplomatic relations, China and France are doubling down on economic cooperation – and the world is reaping the benefits. Their partnership has become a powerhouse combo: China’s tech-driven manufacturing meets France’s aerospace innovation and luxury goods, creating a trade recipe that’s shaking up global markets.
💡 ‘The global economy needs integration,’ says Kevin P. Gallagher, a Boston University professor, highlighting how this alliance could reboot globalization. With $78.9B in bilateral trade last year, France now ranks as China’s #3 EU partner, while Chinese investment fuels French tech and agriculture.
✈️ From nuclear energy collaborations to Bordeaux wines finding new fans in Shanghai, this cross-continental bromance proves economic teamwork can thrive even in uncertain times. For young professionals and entrepreneurs, it’s a masterclass in complementary strengths – think Chinese EV batteries powering French-designed smart cities!
Reference(s):
cgtn.com