World Economy

Macron Calls on Europe to Join $1 Trillion Silk Road Project

Emmanuel Macron visits the terracotta sculptures depicting 8,000-man clay army, crafted around 250 BC for the tomb of China’s first emperor  Qin Shihuang, January 8.Emmanuel Macron visits the terracotta sculptures depicting 8,000-man clay army, crafted around 250 BC for the tomb of China’s first emperor  Qin Shihuang, January 8.

French President Emmanuel Macron urged Europe Monday to take part in China's Silk Road revival plan, despite some European misgivings about the massive project, as he began a state visit.

Macron also called on Europe and China to team up on curbing climate change, in the face of US plans to withdraw from the Paris accord, AFP reported.

"Our destinies are linked," he said in a keynote speech on the future of Sino-French relations during a visit to the northern city of Xian, the starting point of the ancient Silk Road. "The future needs France, Europe and China," Macron said, adding he would travel to China "at least once a year".

Macron began his three-day visit in Xian as a gesture to Chinese President Xi Jinping's huge New Silk Road project, an initiative to connect Asia and Europe by road, rail and sea.

The $1 trillion infrastructure program is billed as a modern revival of the ancient Silk Road that once carried fabrics, spices and a wealth of other goods in both directions. Known in China as "One Belt, One Road", the plan will see gleaming new road and rail networks built through Central Asia and beyond, and new maritime routes stretching through the Indian Ocean and Red Sea.

The project has elicited both interest and anxiety, with some in Europe seeing it as Chinese expansionism. While France had been cautious about the plan, Macron heartily endorsed the initiative.

"It represents a real opportunity to create bridges, through exchange, between countries and civilizations, just as the ancient silk routes once did," he said in an interview with the Chinese website

"I think it's very important that Europe and China strengthen their collaboration on the initiative. France is ready to play a leading role in this."

Current concerns center around whether China simply wants to expand trade or its geopolitical influence.

"After all, the ancient Silk Roads were never only Chinese," he told the audience. "By definition, these roads can only be shared. If they are roads, they cannot be one-way."

But Macron warned that it should be carried out "within the framework of a balanced partnership" –a reference to concerns about China's trade surpluses. France has a €30 billion ($36 billion) trade deficit with China.

Climate Battle

On climate change, Macron said he would talk to Xi about "relaunching the climate battle" by preparing an increase in their engagements to combat global warming at the COP 24 talks in Poland later this year.

He praised China, the world's top polluter, for committing to the Paris accord after US President Donald Trump notified that America would pull out of the pact. "China kept its word," he said. "You demonstrate your immense sense of responsibility."

Cooperation will "show the world that the French and Chinese are capable of making our planet great and beautiful again", he said in Chinese.

After Xian, Macron will head to Beijing along with his delegation which includes some 60 business executives and representatives of institutions.

Both parties are expected to sign numerous economic agreements on the third day, particularly in the fields of aviation and nuclear energy.


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