最后关头谈崩，中方拒绝签字，法国对华作出保证，马克龙别无选择

Core Points - The high-level economic and financial dialogue between China and France did not reach a consensus on the issue of brandy tariffs, highlighting ongoing trade tensions [1][3] - France's reliance on brandy exports to China, which accounts for a quarter of its global export value, underscores the economic stakes involved [7] - The ongoing anti-dumping investigation initiated by China against French brandy is a response to perceived unfair trade practices and could lead to significant trade losses for France [4][5][7] Group 1: Trade Relations - The discussions between China and France showcased diplomatic engagement but failed to resolve the critical issue of brandy tariffs [3] - France's failure to propose a satisfactory solution during the anti-dumping investigation has exacerbated trade tensions [3][4] - The French government is under pressure due to its heavy dependence on brandy exports, which has become a key factor in its economic relationship with China [5][7] Group 2: Economic Impact - The brandy industry in France involves 4,400 farms, 120 distilleries, and 270 traders, supporting over 80,000 jobs, indicating its significance to the French economy [7] - If the French government does not address the strategic misjudgments regarding trade policies, it risks losing its dominant position in the Chinese market for brandy [5][7] - The potential implementation of formal anti-dumping duties by China could lead to systemic shocks in the French brandy industry and broader economic repercussions [5][7]