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Analysts argued that the immediate goal of Volkswagen's new partnership is to meet the government's demand, as it is stipulated in the deal that Volkswagen will enjoy priority if it needs to buy credits from the joint venture.

Andras Inotai, research professor at the Hungarian Academy of Science's Institute of World Economics, described the US tariffs move as an "own-goal," saying a sound solution to any trade dispute should be filed at the WTO.

And, it’s unclear if it’s all that necessary. Does Amazon need physical stores to remain competitive?

And it is not just companies like Rio Tinto that are interested in the initiative. Multilateral groups, such as the B20 as you can imagine, are watching the progress closely.

And as Macron noted previously, China can also be "an important ally" to France and Europe in tackling climate change and fighting terrorism.