Liu Xiaoming, China’s ambassador in London, has accused ministers of “refusing to wake up from their colonial dream”, and “dancing to the tune of the Americans”. Stickers with messages of the pro-democracy movement are left by protesters on a street in Hong Kong.
Unfortunately at the moment it seems there is one side dominating.”Aside from the business impact of potential retaliation in China, the tensions put UK businesses in an increasingly uncomfortable public position. “It’s not sharply focused at this point because we don’t know what any Chinese response might look like, but this feels like a gamble when you consider it’s a very important market for many in the UK”.Thousands of UK businesses have set up factories or outlets in China. The emerging superpower’s population of 1.4bn, growing middle class and cheap labour have made it an irresistible market, with blue-chips such as AstraZeneca, HSBC, Rolls-Royce, GSK, BT and Jaguar Land Rover all setting up significant operations.Their position may now under threat, however, due to the growing political tensions between the UK and China, over “There is worry,” says Matthew Rous, chief executive of the China-Britain Business Council, which supports British firms in China. The UK will "bear the consequences" if it continues to go "down the wrong road" on Hong Kong, China has warned.
Updated: July 16, 2020 11:30:42 am You need to be a subscriber to join the conversation. You can also choose to be emailed when someone replies
The Global Times state newspaper warned Beijing “may have no other choice but to strike at British companies” such as HSBC and Jaguar Land Rover.“There’s been nothing specific so far but I don’t want to downplay the strength of the language from the Chinese side in recent days,” says Rous, who previously served as Consul-General in Guangzhou. Liu, the ambassador in the UK for a decade, also defended the disqualification of 12 pro-democracy candidates from this autumn’s legislative elections in Hong Kong… Ambassador Liu Xiaoming stated China's solemn position on the national security law for Hong Kong SAR to Permanent Under-Secretary to the Foreign and Commonwealth Office of the UK (2020-07-02) Ambassador Liu Xiaoming contributes an article to OMFIF entitled China's global pledge to …
Mr Johnson announced the move last week after China pressed ahead with imposing a controversial national security law on Hong Kong. Due to the sheer scale of this comment community, we are not able to give each post Cutting stimulus too soon risks a credit crunch and social devastation We should be prepared in case there is a response.” Jaguar Land Rover, which has recently secured £550m in loans from Chinese banks, said it was “monitoring the situation”. I would say domestic economic revitalisation is a much bigger headache for China than relations with the UK.”We rely on advertising to help fund our award-winning journalism.We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. they can to create a true meeting of independent Premium. real-world solutions, and more. Please Sharon White risks turning John Lewis into some kind of strange social purpose conglomerate Twenty-three years after the Hong Kong Special Administrative Region (SAR) returned to China, there are still some Britons immersed in the illusion that Hong Kong is in the colonial era, said China's Ambassador to the UK Liu Xiaoming in a public event.
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