Amid the hustle of last week’s CIIE – the world’s largest import expo and China’s stage for promoting foreign imports – Donald Trump’s re-election was the talk of the town. While America’s choice may not have surprised some, the ramifications remain as unclear and unpredictable as the President-Elect himself, as this analysis from China Skinny explains Although Trump’s re-election will be felt globally, few countries are likely to be affected …
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While visiting China last month, CBBC’s CEO Peter Burnett sat down with Sijie Yuan from 21st Century Business Herald to discuss his experience of witnessing China’s economic development achievements since the reform and opening up In an interview with China’s 21st Century Business Herald (read the full interview in Chinese here), CBBC CEO Peter Burnett said that when he first came to work in Hong Kong, the UK’s GDP was …
The Rt Hon David Lammy MP recently spent two days in China, emphasising that the UK will take a consistent, strategic and pragmatic approach to its dealings with the country Prior to leaving for China on what is only the second such trip by a top UK minister in six years, Mr Lammy said that “engagement with China is pragmatic and necessary to support UK and global interests…we must speak …
Sam Godsland, Senior Programme Director at Wilton Park, explores how Britain can grow a new tradition of ‘normal’ dialogue with China in a rapidly changing world The visit of David Cameron and Xi Jinping to the Plough Inn at Cadsden, Buckinghamshire in 2015 has come to be seen as the defining moment of the ‘Golden Era’ of UK-China relations. The scene suggests a sense of normality; two men arrive in a pub, …
As China increases its retirement age for the first time in decades, Focus looks at the reasons driving the change – and what it means for businesses in China The Standing Committee of the National People’s Congress, China’s top legislative body, announced on 13 September 2024 that the country would gradually increase the retirement age for men from 60 to 63, for women in white-collar jobs from 55 to 58, …
The UK remains the leading destination for Chinese investment in Europe – with cumulative investment of over €81.4bn since 2000, totalling more than that of France, Germany and Italy combined. An upcoming CBBC event will explore what makes the UK so attractive in more detail With our business-friendly institutions, vibrant markets in high-growth and innovative sectors and a clear track record of international collaboration, the UK offers Chinese companies, investors …
It is a little more than a week since I collected my lanyard and security pass and joined the talented team of the China-Britain Business Council as the new CEO. I am acutely conscious of the 70-year history and rich legacy that have been passed my way. CBBC has a reputation for membership focus, thought leadership and professional execution. In that context, I want to recognise Andrew Seaton’s enormous contribution …
The CCP’s Central Committee convened in Beijing for its third plenary session – the “third plenum” – from 15-18 July, and the communique from the session has been released. Third plenums are significant because they lay out China’s policy direction for the next 5-10 years. In the past, they have been launchpads for major social and economic reforms. For example, the third plenum of the 11th CCP Central Committee in …
The Labour Party won a landslide victory in early July’s general election, ending 14 years of Conservative rule and giving the UK a new Prime Minister, Sir Keir Starmer. Like many groups now looking to the future, China watchers will be wondering what the new government will bring to the field of UK-China relations. “While it is still early days, there is a sense we may be entering a new …
The latest edition of the CBBC China Trade Tracker shows that UK-China trade ties remained resilient in the face of economic and political headwinds in 2023 Although the year was challenging for both countries – China’s economy did not “rebound” as expected following the lifting of pandemic restrictions in late 2022, and the UK’s GDP grew by just 0.4% amidst lingering inflation and high interest rates – UK goods exports …