France's Le Maire Raises Alarm on Chinese Exports at G-7
Summary
TLDRG7首脳会議でのウクライナへの持続的支援の承認が進行中であり、資金援助は確実に行われると述べられた。中国の産業過剰生産が世界経済に脅威をもたらすと同時に、中国との貿易規則の平等性確保が重要視されている。フランスは新興産業を強化し、非公正貿易行為に対抗する意思を表明。また、G7は民主主義の価値観を擁護し、世界経済や平和を守るための重要な役割を果たしていると強調された。
Takeaways
- 🇺🇲 G7首脳会議での最終承認が進んでいると述べており、ウクライナへの持続的な資金供給がホーリーグレイルとされている。
- 🤝 G7諸国はウクライナへの持続的な政治的・経済的な支援に全力を尽くすことにコミットしている。
- 💡 テーブル上の選択肢が多岐にわたっており、最適なオプションを見つけるためにそれらを検討する必要がある。
- 💼 財政面と法的観点から最も堅実なオプションを確保する必要があると強調している。
- 🏦 ウクライナに必要な資金を提供する合意を見つけるという確固たる意志を表明している。
- 🇨🇳 G7レベルで中国の産業過剰生産能力の問題に同意し、これは中国を非難するものではないが、経済モデルに問題があると認識している。
- 🌳 中国が安価な産業製品を大量に生産することは、世界経済と成長に脅かす可能性があると指摘している。
- 🛡️ 欧州連合は中国との間で公正な貿易慣行を確立するために必要なオプションを検討し、適切な対処を講じる力を持っている。
- 🚗 電気自動車(EV)に関するアメリカの迅速な関税措置と欧州連合の調査の遅れについて触れているが、欧州も積極的に対応する必要があると述べている。
- 💡 化学産業、グリーン・ハイドロゲン、太陽パネルなど、多くの分野が不公平な貿易慣行によって危険にさらされる可能性があると警告している。
- 🇫🇷 フランスは新しい産業植物や工場を創出し、新しい産業価値チェーンを築いており、それが不公平な貿易慣行によって脅かされることは望ましくないと強調している。
- 💼 フランスの財政状況についてIMFの報告書が肯定的であり、フランスは健全な公的財政を維持するための明確で信憑性のある戦略を持っていると述べている。
- 🛒 フランスは欧州においてAI分野のリーダーであり続けるために、科学者、スタートアップ、スキル、投資、イノベーションに重点を置いている。
- 🇪🇺 欧州連合は独自の人工知能を持ち、中国やアメリカに依存しないために、資本市場統合を急速に進める必要があると述べている。
- 🤝 G7は団結しており、民主主義の核心価値を権威主義国家に対抗する上で重要なフォーマットであると主張している。
- 🚀 イノベーションを通じて規制よりも先に進むことが、欧州連合の生産性向上につながり、独立性も高まると述べている。
Q & A
G7サミットでの最終承認についてどう思いますか?
-私たちはウクライナへの長期的な資金援助を確保するための正しい道を歩んでいると信じています。G7諸国はウクライナへの政治的、経済的な支援を提供するというコミットメントを全うするでしょう。
ウクライナへの資金援助の確保についてどの程度確実性がありますか?
-私たちは合意を見つけ、ウクライナに必要な資金を提供するという確固たる意志を持っています。ロシアの資産から資金援助を提供する合意が3週間以内に達成される可能性は非常に高いと言えます。
中国との関係において、アメリカとはどこで同意し、どこで意見が異なりますか?
-中国の産業過剰生産力の問題についてG7レベルで同意していますが、中国は経済パートナーであり、その経済モデルが世界的経済に脅かとなる可能性があると同時に認識しています。
中国とEUの貿易関係について、どのようなアプローチを取る予定ですか?
-中国との公平な貿易慣行を促進し、同じ貿易ルールに従うよう求める必要があります。もしそうでなければ、EUレベルで公平な競争場を再建するための必要なオプションがあります。
電気自動車(EV)の関税問題について、アメリカとEUの違いはどのように捉えますか?
-アメリカはEVの関税を既に設立していますが、EUはまだ調査中です。EUも積極的に対応する必要があると感じていますが、公平な貿易慣行を確保することに重点を置きます。
フランスの経済戦略について、特に新興産業に注力している分野はありますか?
-電気自動車、風力、水素など新しい産業において、フランスは新しい価値チェーンを築き、新しい産業施設を創出することで尽力しています。
フランスの債務レベルについて、IMFからの評価を受けていますが、どのように対応する予定ですか?
-フランスは公共財政を健全化するための戦略を持っており、2027年までに赤字を2%未満に戻すことが目標です。成長促進、公共支出の削減、構造的改革に注力しています。
フランスの産業複合体を強化するために、外国からの企業買収を阻止する権限はありますか?
-協力を阻むのではなく、協力を促進することが重要です。しかし、フランスはヨーロッパでAIのリーダーとして位置することを望んでおり、独自の戦略を持っています。
イギリスとの関係について、新しい政府がEUにもっと友好的になった場合、どのような関係を築きたいと思いますか?
-イギリスはフランスにとって重要なパートナーであり、多くの地政学的緊張がある現在、イギリスとの良好な関係は決定的に重要です。
G7の一体感について、経済や産業政策においてアメリカファーストの姿勢が見られると思いますか?
-G7は依然として世界の未来や民主主義の核心価値を擁護するための重要なフォーマットであり、私たちはその形式に非常に賛同しています。
ヨーロッパの競争力向上について、特に重要なポイントは何ですか?
-イノベーションが鍵です。規制を強化する前にイノベーションを促進し、生産性の向上を目指すべきです。ヨーロッパ連合は製品性と独立性を高めるために、より多くのイノベーションを必要としています。
Outlines
😀 G7協力とウクライナ支援
G7サミットでのウクライナへの持続的な支援が決定的で、G7諸国はウクライナを支援するという強い意志を持っています。資金提供のための様々なオプションが検討されており、最も適切なものを見つける必要があります。経済的、法律的な観点から確実なオプションを提供する必要があると強調しました。また、ロシアの資産を通じたウクライナへの資金提供についての合意が近いと示唆しています。中国との関係においては、中国の産業過剰生産が世界経済に脅威をもたらすと指摘し、G7が一致してこの問題に対処する必要性を認識しています。
😀 経済戦略とイノベーションの重要性
フランスは成長を促し、必要な公共支出を削減し、構造的改革を進めることによって健全な公共財政を目指しています。失業保険制度の改革もその一環として発表される予定です。さらに、フランスは欧州でのAI分野のリーダーシップを維持し、科学者、スタートアップ、投資、イノベーション、スーパーコンピューターへのアクセス、半導体の生産などに基づく戦略を展開しています。国内外からの企業買収については協力を重視し、特にMicrosoftのような企業がフランスに投資を拡大する動きに歓迎の姿勢を示しています。
😀 G7の一体感と未来への取り組み
G7は世界平和と民主主義の価値観を擁護する上で重要な役割を果たしており、フランスはそのフォーマットに誇りを持っています。21世紀における民主主義の核心価値を専制政治体制と戦うためにG7が団結していると強調しました。また、欧州は防衛、気候移行、イノベーションの3つの分野において投資を強化する必要があり、特に独自の人工知能の開発と資本市場統合の促進が重要な議題となっています。
Mindmap
Keywords
💡G7サミット
💡持続的な支援
💡中国の産業過剰生産
💡グリーン産業
💡電気自動車(EV)
💡公正な貿易
💡構造改革
💡人工知能(AI)
💡資本市場統合
💡イノベーション
Highlights
G7 leaders are on track to provide final approval for Ukraine funding.
The G7 is committed to ensuring longstanding political and financial support for Ukraine.
There are multiple options on the table for Ukraine funding, with a focus on finding the most solid option from a financial and legal perspective.
An agreement for Ukraine funding from Russian assets is anticipated within three weeks.
At the G7 level, there is agreement on addressing the issue of Chinese industrial overcapacity.
China's economic model is producing cheaper industrial devices, posing a threat to the global economy.
Engagement with China is necessary to find solutions to the overcapacity issue.
The EU is conducting investigations to re-establish a level playing field with China.
Fair trade practices are a priority for the EU, with measures to ensure adherence to trade rules.
France has been investing in new industrial plants and factories to create new value chains.
Unfair trade practices could jeopardize France's investments in sectors like electric cars, wind, and hydrogen.
Beyond EVs, other industries such as chemicals, green hydrogen, and solar panels are at risk from unfair trade practices.
France has implemented a tax credit for the wind industry to attract more green industry investments.
The IMF report supports France's strategy to improve public finances, with a goal to reduce deficit under 2% by 2027.
France is focusing on growth, reduction of public expenses, and structural reforms to manage its debt levels.
France aims to remain the leader in AI in Europe, with investments in skills, innovation, and access to super calculators.
France welcomes investments like Microsoft's data centers, but cooperation options are considered on a case-by-case basis.
A good relationship with the UK is crucial for France amidst geopolitical tensions.
The G7 remains a key format for in-depth discussions on the future of the world and defending democratic values.
Europe needs to invest more in defense, climate transition, and innovation to ensure competitiveness and independence.
The Capital Markets Union is a priority for France and Germany to provide funding for AI and climate change initiatives.
Innovation is key to unlocking Europe's potential and addressing productivity concerns.
Transcripts
We are on the right track to get final approval by the G7 leaders summit.
The Holy Grail is to ensure longstanding funding for Ukraine.
And make no mistake, the G7 countries are fully committed to provide long
standing Ukraine for Ukraine, to provide long standing political and financial
support for Ukraine. So there are many options on the table.
We will work on those options to find the best one.
We need to have the most solid option from both a financial and legal point of
view. But I want to leave no uncertainty.
We will find an agreement and we will provide to Ukraine the necessary funds.
So would you say it's close to a guarantee that there will be an
agreement with leaders in three weeks time for funding for Ukraine from
Russian assets? We are on the right track here.
In terms of China, where would you say that you sort of agree with the United
States and disagree with the United States?
Where in your approach do you think that there is total synchronicity and where
do you want to see some changes? We agree at the G7 level that we have an
issue with the Chinese industrial overcapacity, and this is not to
question anything against China. China is an economic partner, but we
have an issue with the economic model in which China is producing more and more
cheaper industrial devices because it could be a threat not only for the EU,
not only for the US, but for the global world economy.
And we need to address that issue. Having so many industrial devices for
the green industry at a very cheap price on the global market could jeopardize
the whole world economy and the growth in the world.
So that's why we need to address the issue.
We need to engage China and we need to find solutions.
So there's another aspect of this, which is the United States seems to move much
more quickly on some of these tariffs. The you know, for example, Europe has
begun its investigation on EVs. It is still ongoing.
The US already just threw up EV barriers.
Does Europe need to be more proactive about its sort of relationship with
China? And does the EV barriers need to be at
least as high as the United States? But the EU Commission is in the job.
We have many investigations underway to re-establish a level playing field
between China and the EU. We want fair trade practices and that's
our point. We want to have China, the EU and all
countries abiding by the same trade rules.
And if it is not the case, we have all the necessary options at the EU level to
re-establish the level playing field and to have fair trade practices.
But once again. Don't make any mistake about the
determination of the EU countries and the French determination.
We have spent so much time and so much money to have new industrial plants, new
industrial factories being created in France.
And we feel we've done a lot to have a new value chains, industrial value
chains in France, on electric car batteries, on EVs, on wind, hydrogen.
We don't want to have those decisions and those results to be jeopardised by
unfair trade practices. I think you'll have to look beyond EVs.
Are there other industries that concern you that could be at risk?
Of course, I think of the chemical industry, a whole new industry, green
hydrogen, solar panels. So there are many sectors that could be
jeopardised by unfair trade practices. So we need to engage.
We need to discuss. We need to operate to open a fair and
in-depth dialogue with the Chinese government so that we can fix the issue.
And the trade issues are not just with China.
You've been outspoken on the Inflation Reduction Act.
Did you raise that with Secretary Yellen?
Is that a conversation here at the G7? No, Today we did not open that issue
because we have had occasion already to discuss that point.
And you know that at the French level, we have decided to put in place a tax
credit for the wind industry with a view of getting more green industry on the
French soil. And by the way, we have become the most
attractive country for foreign investments, which means that we are on
the right direction. I saw that.
And it's something that could potentially jeopardize that.
Our debt levels in France. The IMF says more needs to be done.
Your own fiscal council says that the plans are have lacked some coherence.
What do you have to do to get sort of that debt level under control,
particularly with an S&P credit rating decision coming at the end of the week?
Do you do you think that borrowing costs will go up in France?
No, I think that the summary of the IMF is quite clear.
The French strategy to come back to some public finances is the right one.
This is very clear in the IMF report. It is the right one because our goal to
come back under the 2% of deficit by 2027 is wise and appropriate.
And because we have a very clear and I think a very credible strategy based
first of all, on growth, we have growth in France.
Second, on the reduction of public expenses where needed.
And that's exactly what we are currently doing.
And third, on structural reforms and the Prime Minister will be announcing in a
few days a new reform on the unemployment
schema, which I think is the evidence that we remain fully determined to stick
to the path of reforms, to stick to the path of sound public finances.
And you say that you have to sort of safeguard the future of the French
economy. A crucial part of that will be your sort
of industrial complex, if we can call it that.
Would you use your power at the Finance Ministry to block an acquisition of some
of your air companies from an outside an outside country?
Today, the key point is to have more cooperation, to not to block any
cooperation. But we are the leader of in Europe front
is the leader of in Europe because we have, I think, the best scientists.
We have very strong startups like Mistral, and we also have a strategy
based on skills, investment, innovation, access to super calculators, including
quantity calculation and the production of chips and semiconductors on the
French show. And believe me, I really want France to
remain the leader of AI in Europe. And so we have one key advantage, if I
may, which is the fact that in France you have decarbonised energy thanks to
the nuclear plants. So if tomorrow, say, Microsoft came and
said they would like to buy missile, you would be okay with that.
We will see. What are the options of cooperation
between missile and Microsoft? For the time being, Microsoft is
investing in France, is opening data center in France, and investments of
Microsoft in France are most welcome. And we have an election coming up in the
United Kingdom. Do you could you imagine a closer
relationship with the UK, with a sort of government that is perhaps a little bit
less hostile to the EU? You know, I don't want to say any word
on sovereign election in the UK, but the UK is a key partner for France and you
know, at a time where you have to face so many geopolitical tensions,
especially with war being back in under your and so
having a good relationship with the UK is absolutely decisive and you've
participated in maybe more of these meetings and almost anybody here over
the years. And so I'd like to talk to you.
So yeah, All right, I. Talking about the G-7 format.
Do you think it is losing some of its cohesion?
Because even under Biden, you see some of the economic and industrial policy
being a bit America First. There is this sort of sense of Europe at
it alone, particularly on defense. Is the G7 as cohesive as you'd like it
to be, and is it in danger in sort of a leadership position in the world when it
comes to essential things, peace? A war or core values freedom.
You have a united G7, and the G7 remains, for me, one key format to have
in-depth discussions about the future of the world and the best way of defending
all values. You know, that is key.
What is at stake for the 21st century to defend the core values of democracies
against authoritarian regimes. And I'm proud that France is part of
this G7, and we are very much attached to that format.
And those values are often built on things like defence and security, which
I do see some joint debt, for example, to build out the European defence
sector. We have to be aware that
we will have three sectors in which Europe must invest more.
The first one is defence. Clearly we are not at the level we
should be. Even if in France, for instance, we have
decided we want to double the defence budget at the European level, we should
do more. Second, we need to invest more in the
climate transition and we need to think about new ways of funding climate
transition. And third, innovation.
And I we do not want to be dependent on the Chinese or the American artificial
intelligence. We want to have our own artificial
intelligence at European level, which means that from a very concrete
perspective, we need to hurry up on the capital market union.
Next week there will be a very important ministers council between France and
Germany. The question of the Capital Markets
Union. That will be one of the key discussions
between Olaf Scholz and Emmanuel Macron. We really want to hurry up on the
capital Market union to provide the necessary funding for artificial
intelligence and to fight against climate change.
And much has been made about the lack of competitiveness within Europe.
Yes, China is an issue, but there's also a competition issue within Europe.
What is it between older males? A sort of recipe for unlocking the good
of Europe without the bad of Europe? Innovation, innovation, innovation.
We should innovate before regulating. The lack of productivity in Europe
should be a matter of huge concern for all the member states of the EU.
When you are comparing the US and the EU over the last three decades, what is
really striking is the fact that the gap between the US productivity and the EU
productivity has been widening. I cannot accept that.
And when we are explaining that we want more innovation, more risk, less
regulation, less holes, less directives just for the view of getting more
productivity, which means more possibility for all people, more jobs,
more factories and more independence.
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