Discover "U.S.'s New Money" Before Biden Wins

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Chinese President Xi Jinping Begins Two-Day State Visit To France Amid Escalating Trade Disputes And Ukraine Conflict

Benzinga Neuro
May 05, 2024

Chinese President Xi Jinping arrived in France on Sunday, commencing a two-day state visit. The visit comes at a time of escalating trade disputes between China and the European Union and against the backdrop of the ongoing conflict in Ukraine.

What Happened: President Xi’s visit to France is notable for several reasons. The Chinese leader’s arrival in Paris coincides with mounting trade tensions between China and the EU. France, in particular, has been vocal about its concerns regarding trade imbalances and the impact of the conflict in Ukraine, reported Reuters.

French President Emmanuel Macron is expected to address these issues during his discussions with Xi. Macron is also likely to seek China’s support in influencing Russia’s actions in Ukraine. The EU, including France, has been divided on its approach towards China, which could potentially weaken the EU’s ability to influence the Asian powerhouse.

Prior to Xi’s two-day tour, Macron stated in an interview with the French newspaper La Tribune, “We want to obtain reciprocity of exchanges and have the elements of our economic security taken into account.” 

See Also: Russian Troops Enter US Military Base In Niger Amid Rising Tensions

During his visit, Xi is scheduled to meet with Macron and Ursula von der Leyen, the President of the European Commission, to discuss these pressing matters. The visit also presents an opportunity for France to address concerns related to its agricultural exports and the French cosmetic industry’s intellectual property rights in China.

“If the Chinese seek to deepen the relationship with European partners, it is really important that they hear our point of view and start taking it seriously,” a French diplomatic source told Reuters.

Why It Matters: Xi’s visit to France is part of a larger European tour, which also includes stops in Serbia and Hungary. This tour is seen as an attempt to strengthen economic ties with the EU, especially in light of the growing tensions between the U.S. and China. The EU has been aligning itself more closely with the U.S., as evidenced by recent warnings from U.S. officials about the potential consequences of aiding Russia’s military capacity.

Earlier in April, U.S. Treasury Secretary Janet Yellen warned Chinese banks and exporters against aiding Russia's military capacity, citing potential sanctions. This warning came amid concerns over China's support for Russia during the ongoing conflict in Ukraine, a topic that Macron is expected to raise during Xi’s visit.

Xi’s visit to the EU also comes in the wake of warnings from China’s special envoy for climate change, Liu Zhenmin, that the U.S. and Europe’s attempts to curb China's dominance in green technologies could impede the global fight against climate change. This issue, along with trade and geopolitical tensions, is likely to be on the agenda during Xi’s visit to France.

Read Next: Russian Troops Enter US Military Base In Niger, Trump’s Views On Presidential Immunity And More: Top Poli

Image Via Shutterstock


Engineered by Benzinga Neuro, Edited by Kaustubh Bagalkote


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Continue Reading...

Popular

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

Marjorie Taylor Greene Accused Of Racist Behavior By Jasmine Crockett Over 'Fake Eyelashes' Comment

Crockett accuses Greene of racism over fake eyelashes taunt during a hearing. Crockett says Greene has not attacked other colleagues' appearances.

Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad

Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 83 cents to $80.06 per barrel Friday. Brent crude for July delivery rose 71 cents to $83.98 per barrel.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

What's Going On With Palantir Technologies Stock Today?

Last week, Palantir Technologies reported strong Q1 results, beating revenue estimates and delivering six straight quarters of GAAP profitability. It also raised its full-year guidance and aims to be the dominant AI infrastructure in the market.

Mystery of the Rich and Connected Revealed - Ad

Former Goldman VP reveals a mysterious "Gold Bank" with huge upside potential... Last time we shared this, some folks could have seen a 995% gain. Don't be surprised if you've never heard of this -- most haven't. But he's sharing all in this new video.

Taiwan is selling more to the US than China in major shift away from Beijing

WASHINGTON (AP) — Whether it's tapioca balls or computer chips, Taiwan is stretching toward the United States and away from China — the world's No. 2 economy that threatens to by force if necessary.

America Just Hit a Grim Milestone - Ad

Nearly half of U.S. households currently hold no retirement savings. Retirement expert Dr. David Eifrig says what happens next will separate a small number of winners from a very large number of losers. Learn how to protect yourself and your money with his four simple steps that he shares right here.

Breakthrough For Tesla In China? Shanghai Reportedly Greenlights 'Ordinary' Data Flow Overseas For Intelligent Vehicles

Tesla is also making plans for a data center in China to train its full self-driving (FSD) driver assistance software on fleet data from the country, Reuters reported.

Japan's economy shrinks on weak consumer spending, auto woes

TOKYO (AP) — The Japanese economy shrank at an annual rate of 2% in the first quarter of this year, as consumption and exports declined, the government said Thursday.

Gold Is SOARING -- Here's What You Need to Do - Ad

Everything is lining up perfectly for a historic gold bull run. One gold expert says he's found the best way to get in, for less than $5.

NOT REAL NEWS: A look at what didn't happen this week

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out.

Earn Instant Cash Flow (using THIS tactic) - Ad

Can you imagine earning $1,118,721/hr? That's what greedy Wall Street elites have been pocketing for 22 straight years. And now it's available to you.

Instacart partners with Uber Eats to offer restaurant deliveries

Grocery delivery company is partnering with Uber Eats to offer a new perk to its customers: .

Top 4 Health Care Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Could Elon's New Device be Bigger than the iPhone? - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.

Germany Nears Decision To Ban Huawei 5G By 2026: Report

Germany is moving towards removing Chinese technology from its 5G core network by 2026, with support from three key ministries citing national security concerns.

In Cannes, Francis Ford Coppola talks Trump, self-financing 'Megalopolis' and why he has no regrets

CANNES, France (AP) — Much attention has been paid to the $120 million of his own fortune that put up to make but the director himself isn't much concerned.

Breaking News: Elon Musk Invents New Type of A.I. - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... Elon Musk is about to shock the world again with this new type of A.I.... Mining new millionaires in the process.

Google Seeks To Repeat Chromebook Success In Education By Rolling Out 'Gemini' AI For Schools, Promises Enhanced Data Privacy

Google is set to introduce its Gemini AI to schools with enhanced data privacy protections, ensuring that educational data is not used for AI training or shared with third parties.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice

Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies. 

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Despite Bitcoin Hitting $64K, Analyst Says King Crypto Remains In 'Prime Buy Zone'

Bitcoin (CRYPTO: BTC) has surged to $64,000, but a key metric indicates that it’s still in a “prime buy zone,” according to a prominent crypto analyst.

Buy This Next Gen Crypto Before Its Big Upgrade - Ad

Experts predict this one crypto will soar 7,200% by the end of the decade... and grow 20X bigger than bitcoin. But you must get in before it's big.

Gov. Gavin Newsom: Authorities Seized $61M In Unlicensed Cannabis Products, Plants So Far This Year

California has reported stats on its crackdown on illegal cannabis operations, with state law enforcement seizing over $61 million worth...

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

More trouble in Belgium for Miami-based 777 Partners after court authorizes seizure of assets

BRUSSELS (AP) — A Belgian court ruled Thursday that all assets in the country belonging to American investment group 777 Partners can be seized, in the latest legal setback for the embattled company that owns Standard de Liège and several other soccer clubs.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service