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France hopes for better trade links to China74 days ago
(AP:PARIS) China said Friday that restored political contacts at the highest level with France means economic relations, which some feared could be hurt by recent diplomatic tensions, can improve.
Relations between the two nations were strained by a scuffle by pro-Tibet supporters during the Paris leg of the Olympic torch relay and further suffered when French President Nicolas Sarkozy met last year with the Dalai Lama, whom Beijing accuses of seeking Tibetan independence from Chinese rule.
Sarkozy's meeting with the Dalai Lama prompted China to cancel talks with the European Union and sparked a popular Chinese backlash against French products.
French business leaders worried the political scuffle would affect trade with China. Trade retaliation is one of the most potent weapons in China's arsenal as businesses all over the world compete for a piece of the Asian giant's mammoth economy.
Sarkozy restored contact with Chinese President Hu Jintao during international summits in the United States in April and September.
The two leaders "had very good meetings during which they obtained convergence of views on very important dossiers," Commerce Minister Chen Deming told journalists during a news conference with his French counterpart, Anne-Marie Idrac.
"It's very important to keep this confidence at the highest level. It's up to us to use this important occasion to bring our economic and commercial cooperation to a new level," he said in comments that were translated from Chinese into French.
Chen was accompanied by a delegation of Chinese business leaders. Their visit comes ahead of French Prime Minister Francois Fillon's trip to China in December, which is to be followed by a visit to China by Sarkozy next year.
"We are seeing new stages and new domains of cooperation opening up," said Idrac.
Chen also said his government wants to keep the yuan stable. The 27-nation EU, China's largest trading partner, wants Beijing to relax currency controls that its trading partners say keep its yuan undervalued and give its exporters an unfair price advantage in foreign markets.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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