In a high-stakes phone call that could shape global trade dynamics, China's top diplomat Wang Yi pressed France to champion fair and open economic relations between China and the European Union. The Thursday conversation with Emmanuel Bonne, diplomatic counselor to the French president, comes amid mounting trade tensions over electric vehicles and green tech subsidies. ⚡🚗
Wang, drawing from his role as director of China's Central Commission for Foreign Affairs, emphasized: 'Healthy China-EU trade isn't just about tariffs – it's about securing win-win solutions through dialogue.' He reminded France of its pivotal role as China's #1 EU trading partner, responsible for 33% of all Sino-European commerce last year. 💼📊
Bonne reassured that France 'doesn't want trade wars' and confirmed Paris' commitment to strategic independence within EU policymaking. The two diplomats revisited their September agreement at the UN General Assembly to avoid protectionist measures – what some analysts now call 'The New York Truce'. 🗽🕊️
With 🌐 global supply chains at stake, Wang highlighted China's booming NEV (new energy vehicle) sector – illustrated by mega-factories like Changzhou's 500,000-unit production hub. Meanwhile, Bonne stressed the EU's demand for reciprocal market access, particularly in green technology sectors. 🌱🔋
The discussion also touched on cross-strait relations, with Bonne reaffirming France's one-China policy. As Wang noted: 'Mutual respect forms the bedrock of China-France relations.' 🇨🇳🇫🇷
With EU-China trade hitting €2.3 billion daily, this diplomatic dance could determine whether we see more Tesla vs. BYD showdowns – or a new era of collaborative innovation. Stay tuned! 🔄📈
