Great big China and little tiny Britain yet China is planning to invest billions of pounds in the infrastructure of the island group known as the United Kingdom. The prime ministers recent visit to China indicated that Chinese investment was also likely for the controversial high speed rail link proposed between London and the North of England.
The country desperately needs external investment to replace its aging stock of nuclear power stations and the Chinese premier has indicated interest in such a venture. This would be triumphant coup for diplomatic and trade ties between the two nations. Britain is doing all it can to strengthen the ties not only with itself but also with the European Union via a free trade agreement. This would be a great boost to British business.
The downside of such an agreement would be the possibility that a large influx of cheap Chinese goods would undermine the manufacturing and production capabilities of the European economies. But banking relationships between these nations should be a fillip for all.
Numerous deals are under discussion including the development of discussion to boost the digital and media sectors in both nations. The value of this for British companies could be £2 billion. This would be under pinned by the establishment of joint research foundations to be funded jointly as well.
Chinese and British businessmen were packed into the Hyatt hotel in Beijing to here the progress report from David Cameron and his team. The prime minister committed to making the way smooth for Chinese investors at home and for all Chinese businesses looking to set up shop in Britain. He was very enthusiastic about the benefits for the country of Chinese involvement and he also promised to make it easier for Chinese students to obtain visas for studying at our great universities. Such involvement of these students might help to promote physical fitness as well as academic rigour. Chinese students tend to look a lot younger than their British counterparts, and certainly less obese. Exercising in the early morning before class is natural to them while the British student is still in his bed. The tubby youth from Britain needs to learn how to lose weight before he gets too old and the physiological effects of carrying pounds the frame was not designed for set in.
The British premier was accompanied by a large team of leaders from British industry and commerce. In general there was great enthusiasm and optimism for the way talks and negotiations had developed during this time in late 2013. The benefits could be enormous and dwarf the downside and the major concerns being voiced at this time. China has moved from being one of the most deprived nations on earth to being one of the most powerful in a matter of only forty years. A nation capable of such growth and prosperity is one we should seek to do business with!