China, France push climate-friendly finance

The Latest: China signs deal to buy 300 Airbus planes

Macron said about the the Chinese leader's time in France, "This visit will strengthen our strategic partnership and affirm the role of France, Europe and China in favour of a strong multilateralism". Today he met with three European leaders in Paris.

All of the deals, including one on French exports to China of frozen chicken, amount to a total of some $40 billion. But behind the pomp was a sense of wariness.

But China's push deep into Europe, where it has snapped up strategic assets such as ports and promised lucrative contracts for some of the bloc's cash-strapped economies, has sounded alarm bells.

PRESIDENT EMMANUEL MACRON: (Speaking French).

Xi said reformed governance rules should address worldwide challenges like climate change, cybersecurity and mass migration. But there are cracks in the European facade.

Despite the many sources of friction, France wants to engage China as a closer partner as Washington becomes more isolationist under Trump's "America First" policy. Andre Loesekrug-Pietri is a Franco-German tech investor who spent 10 years investing in China.

Xi and Macron also confirmed the opening of a branch of the Pompidou Center, a modern art museum in Paris, in Shanghai this fall.

Ferrari confirms Mick Schumacher test
Ferrari and Alfa Romeo have confirmed that Mick Schumacher has been selected for in-season Formula One testing in Bahrain. His father Michael won five of his seven world titles during his glittering tenure 1996-2006 at the Scuderia.

Indiana Basketball: Women run out of steam late against Oregon
In the win over the Badgers, Oregon's lead scorer was Payton Pritchard with 19 points, eight assists and five rebonds. The Pac-12 Player of the Year went into Friday's game averaging 19.4 points, 8.1 assists and 7.5 rebounds a game.

Boeing to brief on 737 MAX updates as Ethiopian backs planemaker
Garuda Indonesia has dropped its order of Boeing 737 MAX 8, after the new plane model was involved in two recent fatal crashes . The 737 MAX is Boeing's best-selling plane, with orders worth more than $US500 billion at list prices.

The Belt and Road Initiative aims to link China by sea and land with the Southeast and Central Asia, the Middle East, Europe and Africa. She spoke through an interpreter.

Germany's Angela Merkel, after meeting Xi in Paris, said Europeans "want to play an active part" in the belt and road project, as reported by Reuters.

Both Macron and Merkel insisted Tuesday on the need for "reciprocity" in relations with China and a level playing field regarding trade and business ventures.

China stands ready to work with European countries to promote the development of China-Europe ties, he said.

"We are honored to support the growth of China's civil aviation with our leading aircraft families", said Guillaume Faury, president of Airbus Commercial Aircraft. I think now there is a new awareness in Europe, and particularly in France and in Germany, that Europe can not afford this kind of unreciprocal (ph) openness anymore. "Under the new situation, the two sides should do much better in those three aspects, and continue to explore the way for major countries to get along with each other, which should feature independence, mutual understanding, foresight, mutual benefit and win-win outcomes", Xi said. He said that since President Macron took office, the bilateral ties have reached a new high in just less than two years, with many new outcomes achieved.

LOESEKRUG-PIETRI: The Europeans seem to be also waking up to the fact that it's only in a power relationship by showing unity that something can be achieved from the China side.

European countries seek to boost relations with China while also putting pressure over its business practices amid trade tensions between the United States and both China and the European Union.

Related news:

Hot News

isis-killer-beheading-video-story-top Borderlands 3 Officially Announced by Gearbox
Mar 29, 2019 - 07:17
Arriving April 3, Borderlands: Game of the Year Edition is a remake of "the co-op shooter-looter that started it all". Gearbox has been teasing the latest entry in its popular Borderlands video game franchise for some time now.

isis-killer-beheading-video-story-top Senate Rejects Ocasio-Cortez 'Green New Deal' 57 - 0
Mar 29, 2019 - 06:26
But 73 percent of Republicans said she was bad for the party, a sentiment agreed to by only 9 percent of Democrats. Democratic Senators Doug Jones of Alabama, Joe Manchin of West Virginia and Kyrsten Sinema of Arizona voted "no".

isis-killer-beheading-video-story-top Mueller's Trump-Russia report is more than 300 pages long
Mar 29, 2019 - 05:31
Trump also championed his supporters on Thursday and attacked those he dubbed the "elite". But now, the GOP is preparing to take their assault on the press to a new level.

isis-killer-beheading-video-story-top Huge Powerball winning ticket sold in Wisconsin
Mar 28, 2019 - 13:24
Tuesday's drawing was the first since a lucky player from Millington won $1 million playing Mega Millions last Friday night. Tickets only cost $2 to play and can be purchased in gas stores and convenience stores in participating states.

isis-killer-beheading-video-story-top Trump turns to health care with an eye on 2020
Mar 28, 2019 - 12:25
The difference between now and the other administration is that we're administering Obamacare very well. And he doubted there would be a push for major healthcare legislation in a presidential election year.

isis-killer-beheading-video-story-top Iran condemns USA recognition of Israel's "sovereignty" over Golan Heights
Mar 28, 2019 - 12:01
Lebanon's Grand Mufti Sheikh Abdul Latif Derian said the decision "is against all global and United Nations laws". The Golan Heights , which belonged to Syria , were part of Israel's conquests in the 1967 war.

isis-killer-beheading-video-story-top Smollett Appears At Hearing To Discuss Cameras In Courtroom
Mar 27, 2019 - 08:54
After the hearing, Glandian told reporters that evidence has been presented against Smollett that is "demonstrably false". Smollett is slated to appear before a judge on Tuesday and will likely have to show up in court as the trial plays out.

isis-killer-beheading-video-story-top IPL 2019: Cricket stars slam Ashwin for ‘mankading Jos Buttler
Mar 27, 2019 - 07:41
As I said, his actions represent him and speak for himself and it's upto the fans and the cricket world to judge for themselves. If the bowler fails in an attempt to run out the non-striker, the umpire shall call and signal dead ball as soon as possible.

isis-killer-beheading-video-story-top Pro-Prayut party takes lead in Thailand's election
Mar 27, 2019 - 07:32
The Thai party, which has named Prayut Chan-o-cha as the prime minister candidate, is leading the general election on Sunday. Pheu Thai party fell short of expectation as it trails the victor , Palang Pracharart, by more than half a million votes.

isis-killer-beheading-video-story-top N.Z. to investigate role of spies, guns in mosque attacks
Mar 27, 2019 - 07:09
Rashid along with his son and 48 others were killed in a terror attack at two mosques in New Zealand, on March 15. Australian white supremacist Brenton Tarrant, 28, has been charged with murder for the March 15 attacks.

isis-killer-beheading-video-story-top WrestleMania 35 to feature 1st-ever women's main event
Mar 27, 2019 - 06:26
The two women had a very good television match that was given quite a bit of time. WrestleMania 35 will be held April 7 at MetLife Stadium in New Jersey.

isis-killer-beheading-video-story-top Lengthy EU border delays for United Kingdom citizens in no-deal Brexit
Mar 26, 2019 - 08:00
May is hanging on, hoping she can persuade Brexit-backing lawmakers that rejecting her deal means Britain may never leave the EU. British MPs will have the opportunity later to back a move to hold votes in the UK Parliament on several different options.

isis-killer-beheading-video-story-top Lawyer Michael Avenatti Arrested for Attempting to Extort $20 Million From Nike
Mar 26, 2019 - 07:58
Mr Avenatti also allegedly demanded that Nike pay US$1.5 million (A$2.1 million) to an individual he claimed to represent. Nike said in a statement it "will not be extorted" and alerted investigators to Avenatti's demands immediately.

isis-killer-beheading-video-story-top UK MPs vote to take control of Brexit process through 'indicative votes'
Mar 26, 2019 - 07:44
The EU's executive Commission said Monday that it had finished planning for a no-deal Brexit, which could occur on April 12. Earlier this month, they passed up the chance when they voted down a similar amendment, defeating it by just two votes.

isis-killer-beheading-video-story-top Biggest things we’ve learned from missing the playoffs
Mar 26, 2019 - 07:12
The Lakers had only missed the playoffs five times in their first 55 seasons of existence before this current drought. Now 31-41, the Lakers need to go 4-6 to match their 35-47 mark of last season.