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Europe urgently needs to enhance self-defense capabilities: French expert

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Europe urgently needs to enhance self-defense capabilities: French expert

2025-03-12 12:15 Last Updated At:17:17

Europe urgently needs to unite and strengthen its own defense capabilities in the face of geopolitical tensions and other uncertainties, said a French expert in international relations on Tuesday.

As French President Emmanuel Macron assembles European and NATO military chiefs for talks about European troop deployment in Ukraine, Dominique Trinquand, former head of the French Military Delegation to the United Nations and NATO, sat down for an interview with China Central Television (CCTV), in which he said it is imperative that Europe build up self-defense capabilities for security guarantees.

Trinquand believes that since many European countries are attending Tuesday's talks in Paris, substantial diplomatic maneuvering and concrete efforts are needed to reach a consensus on the details of a potential European force in Ukraine.

He said that European countries have vulnerabilities in areas such as long-range artillery, long-range missiles, air defense capabilities, and electronic warfare, which urgently need to be addressed. He said Europe's military equipment autonomy is also a particularly challenging issue.

"In fact, France has emphasized the issue of self-defense for many years. Now, European countries are simultaneously facing the impact of the Ukraine crisis and the additional pressure of U.S. President Donald Trump's proposal to halt U.S. military aid to Ukraine. This double whammy has forced European nations to reconsider how to strengthen their own defense capabilities. That is why European countries must now unite," said Trinquand.

Trinquand added that the buildup of European military capabilities should not be for the purpose of waging war, but rather to prevent it.

Europe urgently needs to enhance self-defense capabilities: French expert

Europe urgently needs to enhance self-defense capabilities: French expert

Europe urgently needs to enhance self-defense capabilities: French expert

Europe urgently needs to enhance self-defense capabilities: French expert

China's financial authorities have released regulations to optimize fund management requirements for domestic companies listed overseas.

The regulations, effective from April 1, 2026, were jointly released by the People's Bank of China and the State Administration of Foreign Exchange to further improve the convenience of cross-border financing.

The new regulations align the management standards for funds in both domestic and foreign currencies. Proceeds from overseas listings, share reductions or transfers can be repatriated in either foreign currency or Chinese currency renminbi, simplifying their utilization.

Regarding the full circulation of H-shares, the new regulations allow listed companies to pay dividends to domestic shareholders in renminbi in China, streamlining the distribution process.

Regulated by Chinese law, H-shares are shares of enterprises incorporated in the Chinese mainland that are listed on the HKEX.

The new regulations also simplify procedures for listing registrations, share increases and decreases, buybacks, delistings, fund transfers and account usage, improving operational efficiency for businesses and better supporting their overseas expansion and the growth of the real economy.

China releases rules for management of funds related to domestic firms' overseas listings

China releases rules for management of funds related to domestic firms' overseas listings

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