The Prime Minister Gordon Brown was recently criticised by certain elements of the press for being less than enthusiastic about the visit of the Dalai Lama and not being outspoken in criticising China. Behind his stance of course was the economic importance of China to UK capitalism. "And the value of the Chinese economy to the UK should not be underestimated. It is the sixth largest importer and the tenth largest export market by value for UK companies. Both top 10 lists are made up of the USA and eight European countries. Anglo-Chinese trade is growing at a rate almost unmatched by any other major market. In 2007, imports into Britain increased in value by 21% to £18.8bn while exports increased by 15% to £3.8bn."
(Liverpool Daily Post, 4 June) RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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