Macron Urges Xi to Boost Chinese Investment to Shrink Trade Gap

WATCH: Macron pushed for more Chinese investment during a meeting with Xi Jinping. Caroline Connan reports.Source: Bloomberg

French President Emmanuel Macron pushed for more Chinese investment during a meeting with Chinese leader Xi Jinping, as Paris looks to rebalance its economic ties with Beijing and narrow a persistent trade gap.

Macron said Europe, including France, needs a clearer framework to attract more Chinese direct investment. He warned that China’s growing trade surplus with the rest of the world is becoming unsustainable, while investment flowing into Europe remains too low.