In the gloom of China’s economy, one area of business is booming: cosmetics. After enduring nearly three years of mandatory masks and frequent lockdowns during the pandemic, many Chinese consumers, wary of big-ticket purchases like apartments, are now splurging on lipstick, perfume, moisturizers and other personal care products. But cosmetics companies from France, Japan, South Korea and the United States, which have invested heavily in China, are missing out on a lot of the action. As China’s cosmetics companies are booming, imports of cosmetics are wilting under regulations that the…
Tag: France
Weather tracker: Hurricane Idalia leaves trail of damage in Florida
Hurricane Idalia struck northern Florida on Wednesday, bringing damaging winds and torrential rain. It made landfall near Keaton Beach on Florida’s Big Bend during the morning as a high-end category 3 hurricane, bringing sustained winds speeds near 125mph (200km/h) and a storm surge of 16ft along Florida’s north-west coastline. Due to very warm sea surface temperatures, the storm strengthened rapidly over the Gulf of Mexico to category 4 status, before weakening to category 3 as it made landfall. It brought extensive flooding as it passed through and damaged power lines,…
Vetoes in U.N. Security Council Imperil Cross-Border Humanitarian Aid to Syria
The United Nations Security Council on Tuesday failed to adopt two rival resolutions to extend cross-border aid deliveries into northern Syria from Turkey, effectively cutting off a vital lifeline to about 4.1 million people in opposition-held territories. Russia vetoed a bid put forth by Brazil and Switzerland to extend one resolution for nine months, a compromise from an initial 12-month extension called for by the United Nations and international aid agencies. A second resolution put forth by Russia for a six-month extension was vetoed by Britain, France and the United…
Europeans Now See Russia as an Adversary, but Not China, Poll Says
When Chancellor Olaf Scholz of Germany and President Emmanuel Macron of France recently made separate but friendly visits to China, it sparked considerable dismay among their fellow leaders in Europe and Washington. Especially given Beijing’s “no-limits partnership” with Russia, the efforts to treat China as what Mr. Macron called “a strategic and global partner,” rather than as a rival, were met with sometimes caustic criticism. Yet, an extensive opinion poll released on Wednesday, shows that Europeans tend to agree with them. Even as Beijing moves closer to Moscow, and despite…
China’s Economic Needs May Take a Back Seat to Security
To revive its sluggish economy, China set out this year to woo foreign investors and stabilize its ties with the West. But these goals are colliding with what China’s leader, Xi Jinping, considers the paramount priority: bolstering national security in a world he sees as full of threats. Mr. Xi has warned that China must fight back against a campaign by the United States to contain and suppress the country’s rise. In this worldview, foreign rivals are using spies to weaken China’s economy; Russia is not treated as a pariah…
China Does an Awkward Dance with Europe Over Russia-Ukraine War
China’s top diplomat set out on a three-nation trip Tuesday to persuade European leaders that they can do business with Beijing, even as the Chinese tried to keep faith with their “unlimited partnership” with a Russia that has plunged Europe into war. But arriving in Berlin, Foreign Minister Qin Gang was quickly confronted about the war in Ukraine. “Neutrality means taking the side of the aggressor, and that is why our guiding principle is to make it clear that we are on the side of the victim,” the German foreign…
A Chinese Ambassador’s Comments on Ex-Soviet States Draw Ire
France summoned the Chinese ambassador to Paris, Lu Shaye, on Monday to explain his controversial remarks on French television questioning the sovereignty of post-Soviet nations. The Baltic States, Estonia, Latvia and Lithuania, said that they would also send for China’s envoys to the three countries to discuss the matter. China’s Foreign Ministry tried to repair the damage on Monday, insisting that it recognized the sovereignty of all the former Soviet republics that have declared independence, including Ukraine. “China respects the sovereign status of former Soviet republics after the Soviet Union’s…
Baltic states condemn China envoy’s remarks over sovereignty of ex-Soviet nations
France, Estonia, Latvia and Lithuania have expressed dismay after China’s ambassador in Paris questioned the sovereignty not only of Ukraine, but all the former Soviet Republics including the Baltic states. Lu Shaye’s remarks in a TV interview late on Friday raise fresh questions about the faith the French president, Emmanuel Macron, has placed in China to act as a mediator between Russia and Ukraine. Lu had been asked whether he considered the peninsula of Crimea, which was annexed by Russia in 2014, part of Ukraine under international law. “Even these…
The Guardian view on China and Europe: Macron’s careless words were costly | Editorial
Four years ago, Emmanuel Macron remarked that the era of European naivety on China was over. As Andrew Small establishes in his book The Rupture, the shift was not born primarily of US pressure to pick sides – though that was unquestionably felt – but of Europe’s own dealings with Beijing. Views have hardened further thanks to China’s increasing forcefulness in foreign policy, its handling of Covid and its support for Russia over Ukraine. Last month, the EU Commission president, Ursula von der Leyen, urged a “de-risking” of relations with…
Macron Says France Backs Status Quo on Taiwan
President Emmanuel Macron said on Wednesday that France’s position toward Taiwan remained unchanged, but he stood by comments he made on the island’s security that dismayed some allies after he returned from a trip to China and insisted that Europe could not be a “vassal” of the United States. “France’s position and the European position on Taiwan is the same,” Mr. Macron said at a news conference in Amsterdam on the second day of a state visit to the Netherlands. “We are for the status quo. This policy is constant…