THE EU REFERENDUM
A REALIZING OF NEW GEOPOLITICAL REALITIES
“Much is changing very quickly; assessments of values associated with old relationships are resulting in a greatly needed systemic realignment.”
“Nations have no permanent friends or allies. They have only permanent interests.” Lord Palmerston (1710 – 1865)
“We are afraid of our shadows. I sometimes long for a ruffian like Palmerston, or any man who would be more than a string of platitudes and apologies.” (Jan Smuts. 1870 – 1950) .
“Brexit does not imply uncertainty and dampening of our economic growth – only to harbingers who would prefer it that way. We are in a global, interconnected and multi-polar reality, a historical and critical juncture in bi-lateral relationships. It is to our advantage that we should and certainly will, trade with our new partner.”
The process of exiting the United Kingdom from the European Union will begin in March 2017. This statement was issued 02/10/2016, by the PM. Theresa May. Article 50 of the Lisbon Treaty, will come into effect, heralding the beginning of a formal exit from the EU.
The PM promised that the action will suspend the Act of the European Community of 1972. These steps will enable the UK to once again become an independent and free nation.
As expected, the result of the European Union Referendum offers the United Kingdom both great challenges and opportunities.
We want to identify and examine any consequences for engaging new strategic ambitions, these very essentially also form part of other issues herein, for example security and all are multi-factorial in their nature. The primary intention is to focus on; what geopolitical necessities issues there could be and why, though by necessity we cannot be restricted to this.
One thing to bear in mind is the degree to which we are an economic superpower, in both an intellectual sense and the capacity for global awareness, its predictability and realization.
Consequently the emphasis and intended import of the New Mind War, the uniquely positive way we intend to be perceived across the world will continue, undaunted and with great enthusiasm.
In order to perform our task properly and via consultation with others, over the coming months, we will discuss what does arise with great eagerness and diligence.
Do stay with us because we expect there will be a great deal to consider.
Firstly, and it is important to categorically state :
The climate of hesitation is understandable, given what people were told throughout the campaign, but based on a profound misunderstanding about what has really taken place. At home and abroad, the negative consequences are being wildly overdone, and the upside is being ignored, indeed ‘was’ ignored because it is now history. The stock market is way above its level of last autumn; the pound remains higher than it was in years 2013 and 2014.
We are incredibly proud and positive about our country, and the fantastic things it can now achieve. This is our history of achievement and leadership. We will achieve a great deal and together, with all four nations; England, Scotland, Wales and Northern Ireland combined.
The United Kingdom economy is in expert hands. The Bank of England governor Mark Carney has done a truly outstanding job – and now that the referendum is gone, he will be able to continue his work without being in the political firing-line. Thanks in large part to the reforms put in place by David Cameron and George Osborne, the fundamentals of the economy are outstandingly strong – a dynamic and outward-looking economy with an ever-improving and expanding skills base, and with a huge lead in all of the key growth sectors of the 21st century.
We had one Scotland referendum in 2014, and there is no real desire to orchestrate another one soon; and it goes without saying that we are much better together in forging a new and better relationship with the European Union and indeed the world – based on free trade and partnership, rather than a federal system.
A few issues to debate
Might the results of the Referendum affect the anti-Russia policy of the US? Should we care?
That tacit policy is a foundation of the post-war international order whereby Washington has been able to exert hegemony over Europe. Might nearly seven decades of American transatlantic domination be in danger and to what effect?
The recent visit by Secretary of State John Kerry to Brussels followed by London is perhaps indicative that Washington is alarmed at the historic decision by the British electorate to quit the EU after 43-year membership.
“Kerry ** urges Britain, EU to manage their divorce responsibly,” was how American news outlet ABC reported the diplomat’s detour. The outlet went on to say with a pretense of chivalry that Kerry’s ** concern was “for the sake of global markets and citizens”.
** now gone (Kerry)
More to the point, Washington’s perplexity is specific. In particular, it could be argued that the loss of British influence inside the EU will impact on Washington’s policy of trying to isolate Russia. Of course, US objectives to isolate Russia go much further back than the past two years over Ukraine. Indeed, one can trace the anti-Russia policy to immediately after the Second World War, a policy that was intimately shared here, and as expressed by Winston Churchill during his famous 1946 Iron Curtain speech, marking the onset of the Cold War against the West’s sometime wartime Soviet ally.
Christoph Meyer (professor in EU security and politics at King’s College. London), stated recently that; ‘sharing information between the UK and EU will rely on goodwill from Europe’.
Home Secretary Amber Rudd said the UK is, quote; ‘likely to stop sharing intelligence information with the EU through Europol, once Britain leaves the EU.‘ – (but did insist there is no threat to the bloc on security co-operation).
OBOR. New Silk Road. The First Freight Service to China Leaves the UK
The first rail freight service from the UK to China departed 10 04 2017, carrying 30 containers of British-produced goods from Stanford-le-Hope in Essex, along a 7,500-mile journey to Yiwu, China. Hailed as a victory for an independent Britain, the voyage in addition does represent a shift in the balance of world economic super-power, from East to West.
Cheaper than air and faster than sea, along the way, the consignment will pass through the Channel Tunnel into France and on to Belgium, Germany, Poland, Belarus, Russia, Kazakhstan, and reaching China.. The cargo contains a number of items, including whisky, soft drinks, vitamins, pharmaceuticals and baby products. qThe first freight service from China to the UK arrived in Essex in January, making the country the 15th to join Beijing’s rail link – the New Silk Route.
As most are aware, the original Silk Road (primed to become the backbone of the global economy, and shift of the center of global power from East to West), was actually a trade network connecting East to the West 2,000 years ago, stretching from China to the Mediterranean Sea.
The ambitious plan was originally unveiled during month 09 2013, by President Xi Jinping, to be part of part of the country’s One Belt, One Road program.
The shipment was hailed by UK International Trade Minister Greg Hands as a boost for global Britain, symptomatic of the huge global demand for UK goods, and as said, the journey is testament to shifting geopolitical tectonics, and China’s inexorable rise to super-power to which the UK will become inextribaly linked.
As a demonstration of this paradigm shift, Europe is said to be considering its own Silk Road, a Danube-Morava-Vardar waterway connecting the North and Aegean seas, *** but this requires funding from the People’s Republic of China so to achieve the project.
The government is planning to focus its new industrial strategy on the most innovative technologies; AI, robotics, 5G wireless internet, and smart energy.
Theresa May will announce details of the “Modern Industrial Strategy” at a regional meeting of the cabinet in the North West.
The new plan will centre on ten key strategic pillars, according to the release.
“We must become a more innovative economy and do more to commercialize our world-leading science base to drive growth across the UK,” reads the first point, called “Investing in science, research, and innovation.”
The government is going to spend £5.0 billion (6.5 billion dollars US, or thereabouts) on the new strategy with the money steered to such areas as AI, smart energy tech, robotics, and 5G wireless.
The project will improve living standards and drive economic growth across the whole country, according to Business and Energy Secretary Greg Clark.
Authorities also plan to spend £170 million to launch new “Institutes of Technology,” aimed at providing high-skilled technical training tailored to employers’ needs and offer people an alternative to university.
“Our Modern Industrial Strategy is a critical part of our plan for post-Brexit U.K. As we depart the EU, it will help us grasp the larger prize, which is; the chance to build a stronger, fairer Britain which stands tall in the world and is set up to succeed in the long-term. And it is a vital step toward building a country where prosperity is shared, and there is a genuine opportunity for all.” Theresa May.
“The developing industrial strategy represents a crucial first milestone in a renewed partnership between business and government, working together to create the conditions for future growth.” – Adam Marshall, Director General of the British Chambers of Commerce.
Many visitors to Manchester are investors from China, interested in acquiring property in the area.
The relatively low value of the British pound, combined with a huge demand for property in the UK and a restricted supply have led to a very attractive prospect for foreign investors in general.
In Manchester, property prices have not yet risen to the astronomical levels as seen in London.
However, Manchester is a city with extremely good financial prospects and a very positive international reputation, which might further fuel demand for property.
During 2016, London alone received a record 4 Billion UK pounds in property investments from China over the course of the year.
The decline in the value of the British currency, along with the continued buoyant state of London’s property market, had been very attractive to investors.
Manchester looks set to follow suit.
Former US ambassador to Russia, Michael McFaul, gave full expression to these fears in an opinion piece in the Washington Post (07/2016). The headline read: “How Brexit is a win for Putin”.
The tone is almost panic-stricken. McFaul alludes to Russia’s growing economic and political influence with China and Eurasian integration: “Europe is now weakening as Russia, its allies and its multilateral organizations are consolidating, even adding new members. Vladimir Putin, of course, did not cause the Brexit vote, but both he and his foreign policy objectives do stand to gain enormously from it.”
The former US envoy, who also served as national security adviser to the Obama administration, laments how Britain as Washington’s “closest ally” will have less leverage for American interests over the rest of Europe.
With regard to Russia, this means that the EU’s economic sanctions against Moscow and the build-up of NATO military forces are put into serious doubt. Both aspects have been led by Washington, with the UK as a persuasive advocate of sanctions and NATO militarism. One wonders whether now that we no longer have a vote in Brussels, US policy of hostility towards Russia is reduced?
Does our exiting of the EU put Washington in a geopolitical dilemma? As the New York Times headlined: “With ‘Brexit,’ Washington’s direct line to the continent suddenly frays”.
The NY Times reports: “American officials struggling to re-imagine their strategy after Britain’s decision to divorce the European Union say the most urgent challenge will be to find a way to replace their most reliable, sympathetic partner in the hallways of European capitals. It will not be easy.”
When Britain first joined the early European Economic Community in 1973, it was following a policy directed by Washington. With its “special relationship”, as coined by Churchill, Britain would ensure that Washington’s geopolitical interests prevailed on the continental Europeans, in particular the Germans and French, who were always suspected of being inclined towards socialism and rapprochement with Russia.
It is arguable that the EU was a political project engineered by the CIA (see document below) and for which we served a crucial steering role.
We would thus bring a strong NATO perspective to the emerging EU. The US-led military alliance’s unofficial objective from its postwar inception in 1949 was, according to Lord Ismay, the first Secretary-General, to “keep the Americans in, the Germans down and the Russians out”. And our presence within the EU, as the second biggest economy after Germany, to ensure that this anti-Russian ideology always remained a potent force, even 25 years after the Cold War supposedly ended.
At present the EU bloc is barely distinguishable from the 28-member NATO military alliance in terms of adopting US-led policies and most notably, its anti-Russia policy. Arguably, and according to some, the renewal of European economic sanctions against Moscow has only served to inflict damage on EU nations, vis a vis “Russian aggression”. But the policy prevails in large part due to Washington’s and the UK’s “NATO-ization” of the EU.
This is why the loss of the UK from the EU is so disconcerting to Washington and its Atlanticist advocate in London. The Foreign Secretary Philip Hammond has been most vocal since the referendum, warning that “the Kremlin will be happy with the result”.
Washington has much to lose if Europe and Russia were to move closer together politically, economically and in terms of mutual security. The US and the UK being closely aligned in global finance capital. So what if Europe and Russia converge as natural partners?
Germany is top of the list as the replacement for Britain. France is seen as too unreliable, while Poland and the Baltic states are too lightweight, from Washington’s viewpoint.
However, the Brexit has unleashed a Europe-wide public revolt of anti-EU sentiment. Part of that antipathy stems from the kind of oligarchic politics, financial oppression and NATO militarism that people associate with Washington’s influence on Europe.
Washington will not find an automatic, easy substitute. No European state could ever replace us as the most loyal and fervent servant of American interests.
Our diminished influence over European policies means Washington is also curbed?
Nothing can be taken for granted, but there is a fair chance that Europe might be freer henceforth to develop normal, more harmonious relations with Russia and China too.
Germany, whose postwar reconciliation with Russia was once a source of immense hope during the 1960s, 70s and 80s under its “Ostpolitik”, might now be able to resume that trajectory.
Congratulations Rt. Hon. Theresa May. Prime Minister of the United Kingdom.
There is to be NO further Referendum. Article 50 of the Lisbon Treaty WILL be triggered by the end of 2016 :
“I couldn’t be clearer. Brexit means Brexit. And we’re going to make a success of it.”
“There will be NO attempt made to remain inside the EU, NO attempts to rejoin it by the back door, and NO second Referendum.”
“The country voted to leave the EU, and as Prime Minister, I will make certain that we leave the EU.” Theresa May
Theresa May has called for an “urgent vote” on whether to renew the Trident nuclear deterrent in the wake of the Brexit vote, saying it would be “sheer madness” for the U.K. to give up on it.
Parliament is expected to vote at the end of month 07 on whether to proceed with building successor submarines to the existing Vanguard fleet, which is due to become obsolete within 15 years.
Theresa May wants all four submarines to be replaced.
Activists claim the renewal of Trident is expensive, unsafe, ill-suited for contemporary warfare and in violation of international commitments. The admittedly conservative estimate for replacing the weaponry (will be considerably more); £210 billion (US$300 billion) and which has become the regular refrain of those who oppose renewal.
The Labour Party is split over Trident. Many MPs support the nuclear deterrent, but leader, Jeremy Corbyn, does not.
The U.K. has begun discussing ways to reach a free trade deal with the world’s largest economy – the People’s Republic of China, – British Chancellor of the Exchequer, Philip Hammond.
It will be the first time that the U.K. has embarked on such a very major project with China, and will likely allow much greater access for major Chinese banks and businesses to the U.K. economy.
It is time to explore new opportunities across the multi-polar world, more with China, already one of the U.K.’s largest inward investor Philip Hammond has stated that the U.K. is keen to do a free trade deal with China.
In return for greater access to the U.K. for its manufactured products and investment, China will reduce barriers to our service industries such as banking and insurance as well as other goods.
This will be an important source of export income. As we leave the European Union and not bound by the rules of the European Union, it will be easier for nations like China who are outside the European Union to do business with Britain in the future – Philip Hammond.
Stronger international coordination in macroeconomics > Innovation in growth patterns > Improved global economic governance > An open world economy > The promotion of inclusive growth by implementing the 2030 Agenda for Sustainable Development
Science and technology transfer > Development zones > Educational opportunities / study in China / UK > Culture sharing > Language > Commodity and financial trade > Inward manufacturing investment > Twin cities
The budget surplus in July, despite being lower than expected, suggests there is still room for fiscal stimulus should broader economic growth slow down. The cabinet is aiming at narrowing yearly deficits, rather than financing the Labour Party proposed infrastructure investments.
The government posted a solid budget surplus of £1 billion in July, this amid lower expenses and an upsurge in broader economic activity.
Projections place the U.K.’s fiscal surplus at £1.9 billion for July, but increased post-Referendum risk mitigation rendered the figure lower, amid the influx of tax revenues.
HM Treasury’s surplus of £1 bln in July fell short of the £1.2 billion figure posted in July of last year, and below the consensus-expected £1.6-£1.9 billion. However, amid a steady decline in government borrowing, the budget deficit has narrowed despite post-Referendum anxiety – Office for National Statistics (ONS).
July’s relatively small surplus means that the chancellor will be able to draw together a more modest package of measures to support the economy in the autumn statement later this year.
July is typically the month when the budget posts its best results in its respective year, meaning the fiscal conditions might be feeling a trite squeeze toward the year end. However, it represents a surprise and a great boost in confidence for some, as the concern surrounding the Referendum had almost ruled out any prospect that the budget would post a surplus at all.
“With the public finances in surplus in July, our economy starts from a position of strength to face any economic turbulence following the vote to leave the EU. – David Gauke, Chief Secretary to HM Treasury,
The overall national debt of the U.K. has exceeded £1.7 trillion, or 79.8pc of GDP, which stands at £2,178.62 trillion as of July.
Even though the Labour’s call contradicts the current cabinet’s targets for the economy to achieve maximum market sustainability, a £500 billion infrastructure investment has been deemed feasible under the current fiscal circumstances.
The government has little desire to raise its expenses at this point. Decreasing the debt burden, whatever it takes is precedent of Conservative priority.
In the reality of the post-Referendum world, the U.K.’s corporate tax receipts surged 8.5%, while income tax receipts added 1.9%, with tobacco receipts falling radically – ONS. The government’s borrowing dropped £3 billion year-to-date compared to the same period last year to £23.7 billion.
The Labour Party’s proposition of propping up spending might be considered feasible – Martin Beck, EY ITEM Club..
“Some form of fiscal stimulus to support the economy in the face of Referendum-related worries seems almost certain and with the Exchequer enjoying record-low borrowing costs, there is unlikely to be a more opportune time to turn on the fiscal taps.”
NEW CHARTER FOR GLOBALIZATION
Concerning the recent China, Hangzhou G20 and the pursuing of a new charter for globalization.
Too many are rebelling against the free flow of goods, capital, and people, because they have not benefited from them. Vigorous efforts are now being pledged to share the fruits of globalization and make them more equitable.
Regarding trade – arguably public opinion in many countries has turned against free trade.
Ideally outright protectionism should be eradicated. Governments should pledge not to erect trade barriers, beyond accepted remedies, or discriminate against foreign direct investment.
The maintaining of global peace and helping to foster a sensible deal on Brexit arrangements are important. The UK is important globally in the economic situation, and it is in everybody’s interest to reach a satisfactory conclusion on the future relationship.
At the recent China G20, the PM stated unequivocally that relations between Britain and China remain in a “golden era.”
“I have been clear that we will be continuing the global strategic partnership with China. It is a golden era of the relations between China and the United Kingdom,” Theresa May at a press conference shortly after the closing of the 11th Group of 20 (G20) summit.
Commenting on the Hinkley project, a partly Chinese-invested nuclear power station program delayed by the British government in July, the PM promised that there will be a decision about the project later 09 month.
The Hinkley Point C plant, to be co-built by China General Nuclear Power Corp., which has a one-third stake, and French state-owned company EDF, would be the UK’s first new nuclear facility in decades and would contribute very significantly to future energy demands.
There is to be a new fast train network across the length and breadth of the country, courtesy of China.
“If you look at the investment that has been from China in various other parts of the United Kingdom and other infrastructure and so forth in the UK, we have built a global strategic partnership with China,” she said.
The PM added that she hopes for more opportunities to discuss how to further push forward bilateral ties in the golden era.
Meanwhile, the PM also outlined London’s ambition to be the global leader of free trade although the country has decided to exit the European Union.
“As the UK leaves the EU, I’ve set out our ambition to become the global leader in free trade,” – the PM.
The leaders from India, Mexico, South Korea and Singapore said that they would very much welcome talks on removing the barriers to trade between our countries.
Chinese President Xi Jinping meets with the Prime Minister Theresa May. G20 summit, in Hangzhou, capital of east China’s Zhejiang Province, 05/09/2016. Photograph (c) courtesy of Pang Xinglei
HANGZHOU, CHINA. o5/09/2016 The Chinese President Xi Jinping has urged China and Britain to deepen political mutual trust and communicate and cooperate in various fields to achieve more stable and better development of their ties.
Xi made the remarks when meeting with the PM, Theresa May on the sidelines of the G20 summit in the city of Hangzhou.
The year 2016 marks the start of the “Golden Era” of China-Britain relations, and 2017 marks the 45th anniversary of the two countries establishing diplomatic relations.
China is willing to work with the UK to lift the “global comprehensive strategic partnership for the 21st century” between the two countries to a higher level, – Xi Jinping
The two countries should continue to promote pragmatic cooperation in economy and trade, investment, energy, infrastructure and finance, and expand cooperation in emerging areas of urbanization, high technology and clean energy, Xi said during the meeting.
The two sides should also actively discuss mechanism for law enforcement cooperation and proceed with cooperation in anti-corruption, fugitive repatriation and asset recovery.
They should also strengthen cooperation over international hot spot issues and within the frameworks of the United Nations, G20 and Asian Infrastructure Investment Bank, Xi said.
The PM congratulated China on having successfully hosted the G20 Hangzhou summit. She added the two countries are in the “Golden Era” for bilateral ties.
Britain is committed to actively deepening comprehensive strategic partnership and enhancing mutual understanding and trust.
The PM said that the UK expects to closely cooperate with China in economy and trade, investment, finance, security and law enforcement.
Above. Header and photographs :
Portmerion. North Wales. United Kingdom. Location of the 1970’s drama; ‘The Prisoner’. An isolated resort, symbolic here because of a certain decision and course of action, and subsequent scrutiny thereof.
Lleoliad y ddrama; Mae cyrchfan ynysig, symbolaidd oherwydd penderfyniad penodol ac gamau gweithredu a chraffu dilynol ohoni
Photograph (c) 2016 courtesy News.CN
The UK to Stabilize Relations with Russia in a Major Policy Move
The Prime Minister, Theresa May and the Russian President Vladimir Putin have agreed to develop a dialogue between security agencies on issues relating to aviation security, and have made arrangements for a face-to-face meeting in the near future. The Prime Minister noted the importance of the relationship between the UK and Russia, and expressed confidence that, despite differences held regarding certain issues, they could communicate in an open and sincere way about the issues that matter most to them.
The Foreign Secretary Boris Johnson also telephoned Russian Foreign Minister Sergei Lavrov on 12/09/2016 and apparently called for ‘normalization of relations’.
A concerted attempt by the UK to improve the relations with Russia is underway.
It could herald the beginning of improved relations between the two countries which have been strained during recent years, with the UK instrumental in pushing for economic sanctions against Moscow over Crimea becoming part of Russia in 2014. The divisions on Ukraine, the expansion of NATO to Russia’s borders and the differences over Syria have greatly deteriorated the relationship between the two countries. Although the UK and Russia both claim to be fighting the Islamic State, London is unhappy with Russia’s support for Syria’s President Bashar al-Assad, while Moscow condemns Britain’s support for so-called ‘moderate’ rebels (scum) in Syria.
The Princess Royal, only daughter of Queen Elizabeth II, is to attend a series of commemorative events in Russia in honor of the servicemen who gave their lives to provide the blockaded USSR with vital supplies on the Arctic Convoys, during the Second World War.
The ceremonies will take place between 30 and 31/09/2016. Around 1,400 merchant vessels made the passage through some of the world’s most perilous waters, accompanied by ships of the Royal Navy, the US Navy and other Allied fleets.
It should be noted that this development of events came as rather unexpected.
Russia has a vital role to play in the Middle East, with the United Kingdom deeply involved in the regional conflicts.
Russia has the potential to become a very important asset during this transition period – not just as a trade partner but also as a bridge between East and West. During the last few years Moscow has been significantly increasing its sphere of influence in Eurasia, and today is seen as a close partner of China and India. After the Brexit vote, London’s position as the financial center of Europe is in jeopardy as many European cities, like Berlin, Paris and Amsterdam, have begun posturing to take over. The UK may face trouble if the negotiations with the EU do not run smoothly and Article 50, which outlines the right of EU member states to withdraw from the EU, is triggered. The EU may be willing to inflict economic damage on the UK during the Article 50 negotiations. Under the circumstances, Theresa May will evaluate the UK’s options to establish new bridges with new partners. Increased co-operation with Russia could potentially provide the needed counterbalance, displaying the UK’s ambition to open new trade routes. Russia and its main partners have the domestic consumer markets eager for the goods and agricultural products exported by the UK. Here lies a massive area of opportunity for co-operation.
Whatever, there is no unity on Russia neither within NATO, nor inside the EU, and much needed and overdue systemic changes are on the way.
There are growing signs that many in the West are very disenchanted with the self-defeating and pathetic attempts to isolate a nation as economically and militarily powerful as Russia – and somehow make it surrender under the pressure of sanctions. The latter extremely damaging to the West and particularly to UK companies and consequently, of no significance whatsoever to Russia and the newly engaged China-Russia relationship.
EDINBURGH. SCOTLAND. 07/09/2016
The cooperation and collaboration between China’s vibrant southern city of Shenzhen and Scotland’s capital city on have celebrated the first anniversary of a joint incubator project of creative exchange.
Speaking at the anniversary event, Donald Wilson, Lord Provost of the City of Edinburgh, hailed the city-to-city links between both sides, expecting more co-operations in the creative industries, information and communication technology sectors among others.
For his part, Xu Qin, Mayor of Shenzhen, said during the visit his delegation explored cooperation opportunities in more sectors in Edinburgh including biotechnology, informatics, as well as culture and art, noting that Shenzhen is China’s first United Nations Organization for Education, Science and Culture City of Design and Edinburgh, the world’s first UNESCO City of Literature.
Three companies from Shenzhen engaged in unmanned flying vehicles, medical equipment and electronic products, computer and video games separately won the Creative in Edinburgh.
Competition Awards organized by Edinburgh Shenzhen Creative Exchange.
Moreover, two memorandum of Understandings were signed between both cities to finance and support technology startups and make preparations to operate a co-educational school for a minimum of 1,500 pupils in Shenzhen.
Joint incubators were established in Edinburgh and Shenzhen respectively in month 09 2015 and month 06 2015 for the local creative and tech companies to explore the market in the other city with up to two years’ free incubation space as well as local support and business advice.
STOP PRESS – SPLENDID NEWS
The People’s Republic of China and the UK approves Hinkley Point Nuclear Plant
The go ahead for Hinkley Point C comes a week after the PM met with President Xi Jinping to discuss bilateral trade agreements on the sidelines of the G20 summit, Hangzhou, China.
British trade unions have wholeheartedly welcomed the splendid decision, which will create 25,000 immediate jobs.
“We are pleased over Hinkley Point. This project will create thousands of quality jobs and apprenticeships and bring much-needed investment to the South West,” – Trade Union Congress General Secretary, Frances O’Grady.
The PM has restated her commitment to a “golden era” of China-UK relations.
Chancellor Philip Hammond will meet with a Chinese delegation for the eighth UK-China Economic and Financial Dialogue, in a bid to foster greater ties with the Asian superpower.
“I’m determined that as we leave the European Union, we build a truly global Britain that is open for business,” Theresa May said in a statement ahead of talks.
“As we take the next step in this golden era of relations between the UK and China, I am very excited about the opportunities for expanding trade and investment between our two countries.”
Hammond also used the phrase “golden era” to describe China-UK relations, echoing ex-Chancellor George Osborne’s much-touted expression. “The mutual benefits are absolutely clear,” he said in a statement. “China is the world’s largest economy; UK exports to China have grown rapidly and the UK is home to more Chinese investment than any other European country.”
Chinese contractor CITIC Construction is set to invest £200 million ($248 million) in the first development phase of the £1.7 billion London Royal Albert Docks project. Britain in turn will invest up to £40 million in the Asian Infrastructure Investment Bank, AIB Beijing, with the purpose of helping developing countries with infrastructure programs.
The People’s Republic of China
As an important platform for building ever closer relationship between 28 EU member states and China, the 11th EU-China Business and Technology Cooperation Fair, in the context of the importance of the land and marine Silk Roads linking China and Europe, will take place in Chengdu and Qingdao, two vital strategic cities of west and north China, the first phase in Chengdu from 2 Nov. till 6 Nov., 2016 and the second phase in Qingdao from 6 to 8 Nov., 2016. The fair will gather 1,500 participants of companies, state/regional governments, clusters, business associations, EU-China Cooperation experts, universities, R&D institutions from west and north China, the European Commission, EEN partners, and European countries who are seeking potential collaboration and partnerships with their counterparts.
For organizations, for example in telecommunications, Russia, it can and is being suggested – is a wise choice for foreign investment for those who intend being around for a long time. To not have a business presence in Russia should really be commercially unthinkable. For long term strategies of investment / commercial systems which are operating literally everywhere on the planet, it should be important to them too, that this market is an excellent one and has a remote environment perfect for the service. Taking the long view of innovation and growth around networks, this a market the British want to be in, we want to inspire. We can deliver solutions to Russian companies and it is highly likely Russia will export these solutions to other countries across the planet.
British companies supply services which are about improving lives, so it’s important, therefore what reason to restrict this?
Our conciliatory way in dealing, equals trade deals – multi-lateral trade agreements / trans national trade.
The future is not a dead end, the attitude ‘you are either with us or you’re a traitor’ is quickly going out of fashion.
Some in the world hate trade, they want to deal in threats / interventionism, because there is profit in that. This is a very dangerous model. We don’t need this in a relationship. Stability is the most important as is cooperatively pursuing this.
We aim therefore to avoid conflict and work from there. This is the ideal obligation
And not to forget the people in street. We put ideas to them, because the popular will is not party ‘establishment.’
A response to those arguing otherwise – the U.K.’s relationship with China
Currently, some are making the charge that China is defending globalization. A distinction however must be made between neo-liberal capitalist globalization – which is a major component of predatory imperialism, and socialist globalization – which is a major component of an >>internationalist policy of growth, development and co-prosperity.<<
Above. Header :
Portmerion. North Wales. United Kingdom. Location of the 1970’s drama; ‘The Prisoner’. An isolated resort, symbolic here because of a certain decision and course of action, and subsequent scrutiny thereof.
Lleoliad y ddrama; Mae cyrchfan ynysig, symbolaidd oherwydd penderfyniad penodol ac gamau gweithredu a chraffu dilynol ohoni.
Post-Brexit UK remains attractive to Chinese investors
Brexit uncertainty has not deterred Chinese investors. China’s largest property developer, Dalian Wanda, has invested almost 600 million US dollars for a 10-acre plot at Nine Elms Square – one of London’s largest regeneration projects.
Above : The Nine Elms area on the south bank of the River Thames. London
The company owns the nearby One Nine Elms project where it intends to build a 58-story residential tower alongside a five-star luxury hotel.
Property is not all that is attracting Chinese buyers. Earlier in 2017, the Fosun investment group of China put up the majority of the funds in a 17 million-dollar deal with UK technology company The Floow. And in June, 2017, JD.com, the Chinese e-commerce giant – invested 400 million dollars in upscale online retailer, FarFetch.
“Perhaps in certain industries, such as financial services, they are a bit more cautious in terms of the passporting right into Europe and how that might impact on their business operation model moving forward. But generally speaking, for other sectors we have not seen a slowdown in terms of the level of interest.” – Suwei Jiang, head of China business, PricewaterhouseCoopers.
2016 was actually a record year for Chinese outbound mergers and acquisitions. More than 450 deals were made globally, totaling 216 billion US dollars – M&A advisory company DealGlobe.
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THE EU REFERENDUM
A REALIZING OF NEW GEOPOLITICAL REALITIES