The £2.6billion worth of deals made with China, following the whistle stop visit of the Vice-Premier of China Li Keqiang signals the UK is following the rest of Europe in deals with the new super power China, in an attempt to tap into the huge cash reserves held by Beijing.
Prime Minister Cameron in an attempt to stimulate confidence in what is being speculated as the "entree" to a double-dip recession, deals with China help make good headlines, buts its real growth and economic stimulus that the British economy requires.
Annual trade with China and UK is at $52 billion lower than Germany and France were there is perception that Paris and Berlin are "doing better" with China in terms of trade, because the Germans according to a civil servant quoted in the FT "Germany exports precisely the kind of kit China needs to become a global manufacturer".
China is playing a much more intelligent game, with the money and influence to now dominate the world, with a backdrop of struggling US and EU economies desperate for Chinese cash. China went to Greece and promised to buy Greek government bonds. China then went to Germany and now London to make deals and pour some cash back into the EU economy; all because China has come of age, its her time to become the top dog.
The UK needs to maintain strong links with China, but at the same time keep traditional links with the Middle East and the US strong, in light of turbulence in our relationship with Russia and a potential of internal debates in our role in the Europe.
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