. Earth Science News .
TRADE WARS
May arrives in China eyeing post-Brexit trade links
By Ben Dooley
Beijing (AFP) Jan 31, 2018


British Prime Minister Theresa May arrived in China on Wednesday as she seeks to bolster her country's global trade links ahead of its contentious divorce with the European Union.

May began her visit in the central industrial city of Wuhan and will be in China until Friday in what the Chinese foreign ministry has touted as a "historic visit".

Later on Wednesday, May will head to Beijing, where she will meet Premier Li Keqiang.

"My visit will intensify the 'Golden Era' in UK-China relations. The depth of our relationship means we can have frank discussions on all issues," she said earlier this week.

May was travelling as she battles criticism over her Brexit strategy back home, where the House of Lords is scrutinising a key piece of legislation on leaving the EU and a leaked government report showed only economic downsides to leaving the bloc.

Britain's ties with China have grown in importance as London contemplates its economic future after it officially leaves the EU in March 2019.

May travelled with her husband, Philip May, along with a delegation of 50 businesses and organisations, which her office said was "the largest" Britain has ever taken overseas.

"The visit will focus on exploring new opportunities for British business, both now and post Brexit, maximising the benefit to the UK from China's economic opening," a Downing Street spokesman said.

May will also take the opportunity to discuss a wide range of other issues, including climate change and North Korea, but she was also under pressure to address the political situation in former colony Hong Kong and human rights abuses in mainland China.

China also has high expectations that London will endorse its Belt and Road initiative, a massive infrastructure project aimed at reviving ancient Silk Road trade routes and creating greater market access for Chinese companies.

"It's natural that Belt and Road cooperation is an opportunity for the two sides to tap into our cooperation for win-win results," Chinese foreign ministry spokeswoman Hua Chunying told reporters on Tuesday.

The British government, however, has been less sanguine about the project, with May's spokesman saying that while the idea holds promise, it is "vital that BRI projects meet international standards".

She will hold talks with President Xi Jinping on Thursday and finish her visit Friday in the eastern business hub of Shanghai.

- Rights and Hong Kong -

Before her trip, the former British governor of Hong Kong, Chris Patten, urged May to address concerns about the political situation in the semi-autonomous city, which London handed back to Beijing in 1997.

In a letter to May's Downing Street office, Patten said Hong Kong was facing "increasing threats to the basic freedoms, human rights and autonomy" that its people were promised at the 1997 handover.

Human Rights Watch also urged the British leader to "get tough with China" on rights.

But business is the focus of her trip.

Britain has said it will leave the EU's single market and customs union so that it can strike its own trade deals with countries outside the bloc, making China's huge market an attractive target.

In preparation, a parade of British officials travelled to China in recent months.

Trade minister Liam Fox discussed market access for British exports, including its key sector of financial services.

Finance minister Philip Hammond worked on final preparations for a "stock connect" linking the London and Shanghai exchanges, and mulled the possibility of connecting their bond markets as well.

TRADE WARS
Xinhua: 'America First' puts U.S. behind the curve
Washington (UPI) Jan 29, 2018
After slapping a tariff on imported solar goods, and after the U.S. president's trade defense in Davos, China's official media said his policies will backfire. Speaking at the World Economic Forum last week at the Swiss resort at Davos, U.S. President Trump put his "America First" trade policy, one that emphasizes bilateralism over multilateralism, on display. "The United States ... read more

Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Climate engineering, once started, would have severe impacts if stopped

Jihadist corpses poison life in Iraq's Mosul

World Bank signs $300m loan for Nepal quake reconstruction

10 Syrians die of cold trying to flee into Lebanon: officials

TRADE WARS
Changing the color of 3-D printed objects

Ultralow power consumption for data recording

Applications now open for the Space Debris Training Course

Micius satellite enables intercontinental quantum communications

TRADE WARS
Seabed mining could destroy ecosystems

Global fish passage forum to include first symposium on hydropower and fish

Panic and blame as Cape Town braces for water shut-off

French fishermen blockade Calais over electric pulse fishing

TRADE WARS
Heat loss from the Earth triggers ice sheet slide towards the sea

Mothers and young struggle as Arctic warms

Warming Arctic climate constrains life in cold-adapted mammals

Eocene fossil data suggest climate models may underestimate polar warming

TRADE WARS
Dairy sector trembles at EU powdered milk mountain

Researchers reveal how microbes cope in phosphorus-deficient tropical soil

Root discovery may lead to crops that need less fertilizer

Ancient rice heralds a new future for rice production

TRADE WARS
Fresh tremors halt search ops after Japan volcano eruption

Thousands more flee erupting Philippine volcano

One dead as volcano erupts near Japan ski resort

Powerful quake hits off Alaska, but tsunami threat lifted

TRADE WARS
Two customs officers killed in Mali 'jihadist' attack

Somali forces kill boys in anti-Shabaab operation: US

US calls for South Sudan arms embargo after failed truce

S.Africa in 'new era', likely next president tells Davos

TRADE WARS
Bonobos prefer jerks

Unlike people, bonobos don't 'look for the helpers'

Study: When the going gets tough, women are more resilient than men

Study redefines understanding of old age throughout human history









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.