OECD & Emmanuel Macron

OECD: OECD data cited to criticize Chinese state support levels.

Emmanuel Macron: French President advances nuclear deterrence cooperation and criticizes Chinese trade practices.

OECD: The OECD (OECD) reported that Chinese companies received significantly more government support than OECD firms, providing data that supports the EU's argument about unfair state subsidies.

Emmanuel Macron: Emmanuel Macron, the French President, has been a vocal proponent of taking strong measures, including potential tariffs, against China to address the trade imbalance and protect European industries. He warned that Chinese exports are 'literally killing a large part of the European industry'.

OECD: The OECD warned that prolonged disruption of energy supplies from the Middle East due to the Iran war would severely impact the global economy, potentially leading to recession and increased inflation.

Emmanuel Macron: President Emmanuel Macron>>> will chair the G7>>> summit in Evian, aiming to broaden the relevance of the G7>>> club and address global issues.

OECD: The OECD was mentioned as a potential host for a permanent administrative secretariat for G7 critical minerals initiatives, though the U.S. is reluctant.

Emmanuel Macron: Emmanuel Macron, as the French President and G7 host, is pushing for a statement on critical minerals and broader efforts to remedy global economic imbalances, including engaging China.

OECD: The OECD was mentioned in the G7 statement for its role in monitoring domestic policy impacts related to global imbalances.