Supply Chain Research

President Macron’s trip to China yielded a significant list of agreements on policy but fewer commercial agreements than expected. France cannot sign bilateral deals with China due to its membership of the EU, though a list of 27 points in the joint statement included support for the G20 and WTO. A $2.9 billion jet engine deal was signed by Safran, though a larger deal involving Airbus remains at the LOI stage. French aerospace exports to China already increased 57% in the past year to $6.2 billion. An anticipated nuclear power deal remains at the LOI stage. In the meantime bilateral tra...