Emmanuel Macron went to China this week bearing gifts of Hermès scarves and returned with promises of pandas, but the apparent bonhomie between the French president and Chinese counterpart Xi Jinping could not hide a growing malaise in ties between their two nations.
Though Macron seemed to relish his rock star reception by screaming students at Sichuan University, his central message was of mounting fear in European capitals that China’s export-driven economic model poses an existential threat to their own industries.
“These imbalances are becoming unbearable,” Macron said at a joint appearance with Xi in Beijing on Thursday.
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