French President Emmanuel Macron and his finance minister have often called for Europe to coordinate more to assert itself as a third force on the world economic stage. Read more at straitstimes.com.
DAVOS - Europe mustn’t get embroiled in a standoff between China and the US, and should instead forge its own path in strengthening economic relations, French Finance Minister Bruno Le Maire said.
It’s in the European Union’s own interests to work with China toward goals including tackling climate change and furthering trade, he added.“I strongly believe that in the world game, China must be in, China cannot be out.” For Mr Le Maire, that has meant talking tough on US industrial policy, which he has accused of veering toward a China-style globalisation with massive subsidies in the Inflation Reduction Act.
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