Trade Relations: Macron Says China Will Order 184 Airbus Planes

Trade Relations: Macron Says China Will Order 184 Airbus Planes

In the presence of visiting French President Emmanuel Macron and Chinese President Xi Jinping, Airbus has signed a Memorandum of Understanding with the National Development and Reform Commission of China (NDRC) on the further development of industrial cooperation in Tianjin.

Reuters says that the larger significance of the visit may be Macron's calls for European unity in dealmaking with China.

It's not clear whether Airbus will also emerge with significant orders from China following the Macron trip, the report said.

Chinese President Xi Jinping said his government "will preserve parity" in market share between Airbus and its US rival, Boeing, said Macron at a news conference.

A French official also confirmed that discussions are underway about a possible Airbus partnership with China on the slow-selling A380 superjumbo.

U.S. rival Boeing sold 300 jets last November during a visit by President Donald Trump as China splits orders to cope with airline traffic as middle-class aspirations grow.

In 2005, Xu started to work on Airbus A320 Final Assembly Line programme in China jointly initiated by Airbus and its Chinese partners.

It adds that at least 50 journalists are now detained in China.

"And, they'll need to invest, because the Chinese don't know about French beef", Chaumet added. Well Semin... At the start of his three-day visit, Macron came bearing gifts, including a horse from the French presidential cavalry.

Macron began his visit on Monday bent on pursuing deals that would help France reduce its $36 billion (€30 billion) trade deficit with China.

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