A PYMNTS Company

EU: Macron, Xi, Merkel and Juncker hold talks in Paris

 |  March 26, 2019

French President Emmanuel Macron on Tuesday said competition between the European Union and China must not lead to a breakdown in world trade systems or political isolationism, as his Chinese counterpart promised to work side-by-side with Europe.

Macron, who invited German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker to talks with Xi Jinping in Paris, said he wanted to build a fairer, more balanced multilateral trade framework with China.

Macron urged his Chinese counterpart to “respect the unity of the European Union and the values it carries in the world.”

“We would like to make progress renovating multilateralism. We have divergences, obviously in the history of humanity power does not go without rivalry, none of us are naive,” Macron said.

A prosperous Europe corresponded with China’s “vision for a multipolar world,” Xi said, adding that the EU and China were “advancing together” despite “suspicions.”

Full Content: DW

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.