Trade with China and Britain’s Commercial Death Wish

Remaining in the EU was problematic and leaving the EU is proving daunting.

Astute News

At the beginning of February the British prime minister, Theresa May, visited China, taking along her International Trade Minister and about fifty business leaders, which was a none-too-subtle signal that her trip involved rather more than her intention to “intensify the ‘Golden Era’ in UK-China relations.”

According to the official Chinese news agency, Xinhua, the so-called ‘Golden Era’ was agreed when President Xi visited the UK in 2015, but Xinhua made the point that relations soured when May delayed approval of Chinese construction of a nuclear power plant in Britain, citing “security concerns.” It observed that “such unfounded stroke of ‘China-phobia’ is detrimental not only to China-Britain relations, but to the British leader’s much trumpeted image of a ‘Global Britain’.”

Having made the disastrous decision to leave the European Union, Britain is searching frantically for trade partners around the world, but if it is thought in London that…

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