Macron Says Europe Should Reduce Dependence on US Dollar After Meeting With China’s Xi

The Epoch Times Header

French President Emmanuel Macron has suggested that Europe should reduce its dependency on the United States, amid reports that some countries have begun “de-dollarizing.”

“[There is] great risk [Europe] gets caught up in crises that are not ours, which prevents it from building its strategic autonomy,” he told Politico during a flight from Beijing to Guangzhou in China after meeting with Chinese leader Xi Jinping.

Xi and the Chinese Communist Party (CCP) have backed Macron’s “strategic autonomy” concept, as CCP officials often refer to it when meeting with other European officials.

“The paradox would be that, overcome with panic, we believe we are just America’s followers,” Macron said in the interview, published on April 9. “Is it in our interest to accelerate [a crisis] on Taiwan? No. The worse thing would be to think that we Europeans must become followers on this topic and take our cue from the U.S. agenda and a Chinese overreaction.”

China began military drills around Taiwan on April 8 after the island nation’s president, Tsai Ing-wen, met with U.S. House Speaker Kevin McCarthy (R-Calif.) on April 5. China views democratically governed Taiwan as its own territory and has never renounced the use of force to bring the island under its control. Taiwan’s government strongly objects to China’s claims.

Europe must better fund its defense industry, develop nuclear and renewable energy, and reduce dependence on the U.S. dollar to limit its reliance on the United States, Macron also said. Macron traveled to China with a 50-strong business delegation, including Airbus and nuclear energy producer EDF, which signed deals during the visit.

But other European officials may not necessarily share Macron’s view. European Commission President Ursula von der Leyen accompanied the French president during his visit.

“Stability in the Taiwan Strait is of paramount importance,” she said she told Xi during the meeting in Beijing last week. “The threat [of] the use of force to change the status quo is unacceptable.”

Macron, according to Politico, appeared to disagree.

By Jack Phillips

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Columns

Was Pope Francis the Worst Pope Ever?

It has been said the recently passed 266th Pope...

LGBTQ™ Roundup: Groomers Gone Wild, Pt. II

Trans activist gets triggered by BBC reporter telling him he can't use women’s toilets, according to UK Supreme Court ruling on the legal definition of women.

In Trade War, China’s Chokehold on US Medicine Moves Into Spotlight

China’s iron grip on supply of critical drug ingredients has been years in the making, driven by Beijing’s strategic plan to dominate the pharma industry

College Football’s Spring rite

The Blue-White game, with the antiquated press box and a large section of the west stands now history and under renovation, marches on, but for how long?

Everything We Know About El Salvador Deportee Abrego Garcia

For more than five years, Kilmar Abrego Garcia was an adjudged illegal immigrant living on borrowed time in the United States.

News

24-Year-Old Highland Park Shooter Sentenced to Life In Prison

A man who shot and killed a slew of people at a 2022 Fourth of July parade north of Chicago was sentenced to life in prison without possibility of parole.

Man Charged With Arson in New Jersey Pine Barrens Fire, Officials Say

Authorities have charged a man with arson for allegedly sparking a large fire currently ongoing in the New Jersey Pine Barrens area.

Trump Admin Asks Supreme Court to Allow Prohibition on Troops With Gender Dysphoria

Trump admin is asking Supreme Court to halt federal judge’s order preventing it from implementing policy disqualifying individuals with gender dysphoria.

New Mexico Supreme Court Bans Former Judge From Exercising Judicial Authority

NM Supreme Court barred former judge from exercising judicial authority in future amid reports alleged TdA gang member was arrested living on his property.

Former US Army Officer Sentenced to 7 Years in Prison for Selling Sensitive Military Information

Former U.S. Army intel officer sentenced to 7 years in prison for conspiring to collect and sell national defense info to individual affiliated with CCP.

DHS and Country Star John Rich Team Up for Urgent Livestream about Protecting Kids from Online Predators

Know2Protect hosted a livestream featuring DHS Special Agent Dennis Fetting and country music star John Rich on protecting children from online predators.

US Manufacturing Shows Signs of Improvement as Factory Output, Orders Tick Higher

U.S. manufacturing showed modest but meaningful improvement in April, according to data by S&P Global, which showed factory output and orders ticking higher.

Trump Admin Sued by a Dozen States in US Trade Court Over Tariffs

A dozen states on April 23 filed a lawsuit against the Trump administration in the U.S. Court of International Trade over its recently announced tariffs.
spot_img

Related Articles