Paris arms U-turn mends Peking rift
Thursday 13 January 1994
Paris and Peking released a joint statement saying that the two sides had decided 'to restore their traditional relations of friendly co-operation' following secret, high-level talks. The French Prime Minister, Edouard Balladur, was expected to visit China, perhaps in March, to underscore the improved relations.
Ties between the two countries soured after France's Socialist government decided in late 1992 to sell 60 Mirage jet fighters built by Dassault Aviation to Taiwan in a deal worth an estimated dollars 2.6bn ( pounds 1.75bn).
The deal angered Peking which has viewed Taiwan as a renegade province since the end of the Chinese civil war in 1949. To punish Paris, Peking shut French firms out of important contracts last year and closed France's consulate in Guangzhou, part of the country's most economically vibrant region which borders on Hong Kong.
China's action, described by French businessmen as a virtual boycott, was considered the sharpest against a Western nation in 11 years.
Acknowledging China's 'worries', France promised not to authorise any more arms sales to Taiwan. In return, Peking reopened the doorfor French firms to take advantage of the opportunities offered bu China's booming economy, saying French firms could now compete on an equal footing.
- 1 Stephen Fry explains what he would say if he was 'confronted by God'
- 2 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 4 Ball pool for adults opens in London
Stephen Fry explains what he would say if he was 'confronted by God'
9 reasons Greece's experiment with the radical left is doomed to failure
Have we reached 'peak food'? Shortages loom as global production rates slow
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
Hard line on immigration could cost Tories the election
£15000 - £30000 per annum: Recruitment Genius: Now our rapidly expanding and A...
£15000 - £20000 per annum: Recruitment Genius: Are you passionate about great ...
£20000 - £30000 per annum: Recruitment Genius: This fast growing reinforcing s...
£18000 - £35000 per annum: Recruitment Genius: This fast growing reinforcing s...