France to set limits on investments from China: minister

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France to set limits on investments from China: minister

China also placed a large order for 140 Airbus jets during a visit by Chinese President Xi Jinping to Germany last July.

Like France, economies across the globe want to do more business in the country's massive market and have more investment come to their shores, but China's pace of adopting reforms to further open up its doors is feeding a global backlash. Our relationship is anchored in time, and in my opinion is based on civilization, in the sense that France and China are two countries with very different cultures but which both have a universal calling. "The future needs France, Europe, and China", Macron is quoted as saying.

"If we don't deal with this responsibly, the natural reaction, the one we've had for too long, will be to close up on both sides", the French president said.

Macron said France could help, especially in Africa, with the Chinese-led initiative to build a "new Silk Road" of railways, ports and other infrastructure across Asia and Europe.

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Macron delivered some friendly advice to China during the second day of his trip.

On Wednesday, Macron said a contract with China for 184 Airbus A320s would be finalized soon, Reuters reported.

The French President is on his official state visit to the country and JD.com has signed the trade agreement with Business France, the country's official trade promotion agency.

Boeing predicts China will need more than 7,200 new aircraft worth more than $1-trillion in the 20 years to 2036.

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Beyond beef, French officials said talks were continuing about China's ban on French poultry, imposed in 2015 after an outbreak of bird flu. As well as aerospace, the agrifood sector is seen as key.

France and China are leading the commitment to the success of the Paris Agreement and its goal to tackle global warming and climate change.

The French president, who is travelling with a delegation of 50 businessmen, is hoping to gain more access for French companies to Chinese markets.

The choice of the gift, an "unprecedented diplomatic gesture" according to the French presidency, was made after the Chinese president expressed his fascination for the 104 horsemen who escorted him during his last visit to Paris in 2014.

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TRT World's Christine Pirovolakis reports.

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