UK Chancellor: We Want to be China’s Best Partner in the West
“There are those who say we should fear China’s rise – that we should somehow guard ourselves against it. But we reject such thinking, which would simply leave the UK slipping behind. Instead, we should embrace it,” George Osborne, the UK’s Chancellor of the Exchequer, announced shortly before his five-day trip to China. The declaration was boldly made in an Observer article, which was also co-written by Lord O’Neil, a past economist for Goldman Sachs and the present commercial secretary to the UK’s Treasury. The article argues that “The future prosperity of [ the UK] depends on us strengthening our relationship with the world’s next superpower.” O’Neil and Osborne put forth that by reinforcing the UK’s relationship with the world’s second largest economy, the British would gain greater business opportunities in areas such as manufacturing and infrastructure, whilst the country’s economic stability would also be promoted as more Chinese enterprises would be drawn to expand their businesses in the UK. In some ways, the article almost reads as a love letter to China – surging with the enthusiastic compliments that are almost certainly aimed at getting the Chinese weak at the knees. The grand affirmations – such as “want[ing] to make the UK China’s best partner in the west,” – definitely give off such an impression. These songs of praise […]
Dec 25, 2015
