Britain needs China more than ever
Updated: 2016-08-08 07:19
(China Daily)
|
||||||||
British Home Secretary Theresa May speaks to the media outside The Houses of Parliament in central London, Britain, July 7, 2016. [Photo/IC] |
British Prime Minister Theresa May is displaying a different governance approach from her predecessor David Cameron, as indicated by her decision to halt some economic programs initiated by previous government. For instance, her decision to review the building of the Hinkley Point C nuclear power plant.
The project,which was being invested in by China, was seen as cementing a "golden era" of relations between Beijing and London.
The decision to review the project has raised concerns that May's government may take a less favorable stance toward Chinese investment than the previous government and thus sour ties with Beijing. After the decision to review the project was announced, the Chinese foreign ministry said China hopes Britain will reach the decision to go ahead with the plant as soon as possible to ensure the project's smooth implementation. In saying this, the Chinese side has restrained its dissatisfaction and exhibited a willingness to give the new British government time to become familiar with the project.
However, May's decision has sparked concern about whether the good momentum in bilateral ties will be maintained. In a recent interview with the Daily Telegraph, Vincent Cable, former British secretary of state for business, hinted that May is prejudiced against Chinese investment. Cable also mentioned that May, when in the Cameron Cabinet, was opposed to making it easier for Chinese businesspeople to get visas. Despite the remarks made by her spokeswoman on Monday that Britain will continue to seek a stronger relationship with China, the policy change made by May does usher in uncertainties.
May is yet to tackle a series of thorny problems emanating from Brexit. But the British leader should know that Britain needs China more than China needs Britain. The effort to advance pragmatic cooperation with China and prevent ties with Beijing becoming chilly is in Britain's long-term interests.
- Nepal's newly elected PM takes oath
- Texas gun law worries incoming students
- China vows to deepen economic, trade cooperation with ASEAN
- Fire guts Emirates jet after hard landing; 1 firefighter dies
- Egypt's Nobel-laureate scientist dies of illness in US
- THAAD muscle flexing unmasks anxiety over declining hegemony
- Big names train for Rio 2016
- Photo exhibition narrates charm of old Beijing
- Traditional Tibetan handicrafts kept alive in SW China
- Chinese Vice Premier visits Olympic delegation
- World's fastest bullet train to start operating next month
- Jack Ma visits rural school, meets teachers
- Top 8 global market leaders from China
- After Typhoon Nida, torrential rain hits S. China
Most Viewed
Editor's Picks
Anti-graft campaign targets poverty relief |
Cherry blossom signal arrival of spring |
In pictures: Destroying fake and shoddy products |
China's southernmost city to plant 500,000 trees |
Cavers make rare finds in Guangxi expedition |
Cutting hair for Longtaitou Festival |
Today's Top News
US launches airstrikes against IS targets in Libya's Sirte
Ministry slams US-Korean THAAD deployment
Two police officers shot at protest in Dallas
Abe's blame game reveals his policies failing to get results
Ending wildlife trafficking must be policy priority in Asia
Effects of supply-side reform take time to be seen
Chinese State Councilor Yang Jiechi to meet Kerry
Chinese stocks surge on back of MSCI rumors
US Weekly
Geared to go |
The place to be |