France signs deals with China but warns against ‘pillaging’

Chinese President Xi Jinping, second right, shakes hands with French Finance Minister Bruno Le Maire, third left, and other members of the French delegation, as French President Emmanuel Macron, third right, looks on at the Great Hall of the People in Beijing on Tuesday. (Reuters)
Updated 09 January 2018
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France signs deals with China but warns against ‘pillaging’

BEIJING: Chinese President Xi Jinping and his French counterpart Emmanuel Macron oversaw the signing Tuesday of business deals worth billions of dollars, seeking better trade ties even as France’s finance minister boasted of rejecting those investments he likened to “pillaging.”
The two sides signed deals in the nuclear, aviation and other key sectors on the second day of Macron’s first state visit to China.
Macron, who has positioned himself as the leading voice of the European Union, came to Beijing to discuss an ambitious agenda with Xi, the most powerful Chinese leader in decades.
“We are at a crucial point in the world,” Macron said alongside Xi after overseeing the signing ceremony, pointing to the common challenges presented by climate change and terrorism.
Xi said the two countries would “work hand-in-hand” and hold more high-level talks on trade. He also welcomed Macron’s endorsement of his cherished One Belt, One Road project, a $1 trillion revival of ancient Silk Road land and sea trading routes.
The deals included a memorandum of understanding for French energy giant Areva and Chinese counterpart CNNC to build a €10 billion ($12 billion) nuclear spent fuel reprocessing plant in China.
European aerospace giant Airbus announced an agreement with Chinese partners to increase production of its A320 jet in Tianjin to six aircraft per month.
Chinese online retailer JD.com announced plans to sell French goods worth €2 billion ($2.4 billion) to Chinese consumers over the next two years, including high-end wine and cognac.
China also agreed to lift a 16-year-old embargo on French beef within six months, Macron said.
Macron, accompanied by some 50 French business leaders, has laid on the charm during his visit, giving Xi a horse from the Republican Guard as a gift. He also delighted Chinese social media users by releasing a video of him learning to say his climate slogan — “Make the planet great again” — in Mandarin.
But France, which runs a €30 billion ($36 billion) deficit with China, wants to “rebalance” its trade relationship with Beijing and, like other European nations, has demanded reciprocal access to the huge Chinese market.
US and European firms also complain about being forced to hand over intellectual property secrets in order to gain market access.
French Finance Minister Bruno Le Maire, who traveled with Macron, told reporters he has rejected “many” Chinese projects in France.
“We accept long-term investments, not pillaging investments,” Le Maire said.
In a keynote speech on Monday, Macron urged the EU to take part in Xi’s Silk Road initiative, though he warned that it should not create a “new hegemony” for Beijing.
Xi, who had already hosted Macron and his wife Brigitte for dinner on Monday night, treated the French leader to a military honor guard at the Great Hall of the People before their meeting.
It is the first state visit by a European leader since China’s Communist Party congress in October, which further strengthened Xi’s grip on power. He was formally handed a second term and his name was enshrined in the party’s constitution.
Beijing has praised Macron’s decision to choose China for his first state visit to an Asian nation. US President Donald Trump visited the Chinese capital in November and was given a lavish welcome.
Earlier, Macron and his wife were accompanied by students from the French international school and a French historian as they strolled through the red-walled palaces of former Chinese emperors at the Forbidden City.


German city of Hamburg ato restrict older diesel vehicles

A car passes a traffic sign showing a ban on diesel cars at the Max-Brauer Allee in downtown Hamburg, Germany, on May 23, 2018. (REUTERS/Fabian Bimmer)
Updated 28 min 28 sec ago
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German city of Hamburg ato restrict older diesel vehicles

  • Diesel bans will affect two streets, non-Euro-6 models
  • Chancellor Angela Merkel’s government has long sought to avoid bans, as has the VDA auto industry lobby representing carmakers such as Volkswagen, Daimler and BMW.

BERLIN: Germany’s second largest city, Hamburg, will ban the most polluting diesel vehicles from two major streets from next week, a move that could spur others to follow suit and raise pressure on carmakers to consider costly vehicle refits.
Hamburg, home to around 1.8 million people, said on Wednesday the ban would start on May 31 and affect diesel models that do not meet the latest Euro-6 emissions standards.
This follows a ruling in February by Germany’s top administrative court that the cities of Stuttgart and Duesseldorf should consider bans for older diesels.
The detailed publication of that ruling last Friday showed local authorities were entitled to implement targeted bans with immediate effect to bring air pollution levels into line with European Union rules, although curbs affecting wider city areas should only be phased in over time.
Bans on diesel vehicles from city centers are also planned in Paris, Madrid, Mexico City and Athens by 2025, while the mayor of Copenhagen wants to bar new diesel cars from entering the city center as soon as next year.
Since the German ruling was disclosed, the environment minister of Germany’s northernmost state, Schleswig-Holstein, has said banning older diesel vehicles could also be an option for the regional capital Kiel, a city of about 250,000 people.
Chancellor Angela Merkel’s government has long sought to avoid bans, as has the VDA auto industry lobby representing carmakers such as Volkswagen, Daimler and BMW.
Environment Minister Svenja Schulze — a member of the Social Democrats, junior partners in Merkel’s coalition government — urged carmakers to roll out retrofits for diesel cars to lower emissions. “Driving bans like those in Hamburg show how serious the situation is,” she told the Sueddeutsche Zeitung newspaper. “It’s up to the car industry now.”
Levels of nitrogen oxide (NOx) emitted by diesel engines and known to cause respiratory disease should fall significantly as more efficient Euro-6 models are sold and emissions-cleaning software updates take effect, Transport Minister Andreas Scheuer was quoted as saying on Wednesday by the Augsburger Allgemeine newspaper.
The bans in Hamburg affect a section of about 1.6 km (one mile) on Stresemannstrasse, where the restrictions will apply only to commercial vehicles weighing 3.5 tons or more, and a section of about 580 meters on Max-Brauer-Allee, covering all diesel vehicles.
Both thoroughfares are in Altona, a busy district in the west of the city.
Drivers aiming for a destination on the two affected streets, including residents, trash collectors, suppliers and taxis, will be exempt from the restrictions as they are designed to filter out through traffic, a spokesman for Hamburg’s environment and energy department said.
Of the 330,000 diesel cars on Hamburg’s roads, only about 116,000 have the Euro-6 technology that was introduced in 2014, according to local government data.
Police will make random checks and fine drivers of older diesel cars 25 euros ($30) and truck owners up to 75 euros for violating the new rules, he said.