Space Travel News  
TRADE WARS
Brexit dogs May as she eyes 'golden era' with China
By Ben Dooley
Beijing (AFP) Jan 31, 2018

Prime Minister Theresa May touted on Wednesday a "golden era" of Sino-British relations with deeper trade ties after Britain leaves the European Union, but her visit to Beijing was dogged by a Brexit row at home.

As she embarked on a three-day visit to the Asian giant, May batted away critics of her leadership on Brexit and domestic issues, including within her Conservative party.

"First and foremost, I'm serving my country and my party. I'm not a quitter and there's a long-term job to be done," she told reporters travelling with her.

The House of Lords is scrutinising a key piece of legislation on quitting the EU as a leaked government report shows only economic downsides to leaving the bloc.

May discussed Brexit with Premier Li Keqiang when they met at the imposing Great Hall of the People, where both leaders boasted about their "golden era" of relations and the potential for trade ties.

"We are determined to deepen our trading relationship even further and we are ambitious for what our future trade relationship will be," May said.

The British leader said more than nine billion pounds ($12.7 billion) in business deals will be signed during her visit.

The two countries also launched a joint trade and investment review to "identify priorities" on goods, services and investment, she said.

The two sides also agreed new measures to improve access to the Chinese market and remove trade barriers, including making progress on allowing British beef exports.

In a nod to her hosts, May said "we welcome the opportunities" provided by China's cherished Belt and Road initiative, a massive infrastructure project aimed at reviving ancient Silk Road trade routes between the East and West and creating greater market access for Chinese companies.

But she threw in a caveat, saying the two countries would continue to work together on how to ensure that the endeavour "meets international standards".

Touting that Sino-British relations "don't have winter, only spring", Li said their ties would not be affected by Brexit.

"Brexit is a situation that both our countries face," he said. "Our bilateral relationship will not change with the changes of UK relations. We will have assessment and discussion on our trade relationship to make our economic and trade relationship move forward."

- Rights and Hong Kong -

May, who will hold talks with President Xi Jinping on Thursday and finish her visit Friday in the eastern business hub of Shanghai, was under pressure to address thorny issues with China.

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" which its people were promised after the handover.

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

But business is the focus of her trip.

"The UK and China will not always see eye-to-eye," she wrote in a Financial Times column.

"But as partners committed to global free trade we can work together to confront and tackle challenges that affect all of our economies."

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 number of British officials have travelled to China in recent months. Trade minister Liam Fox discussed market access for British exports, including its key financial services sector.

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


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


TRADE WARS
Foreign reporters say China work conditions worsen
Beijing (AFP) Jan 30, 2018
Working conditions for foreign correspondents in China worsened last year, with journalists reporting being beaten, detained and harassed, according to a survey published on Tuesday. Almost half of more than 100 correspondents were subjected to some form of interference in 2017 while trying to gather information, according to the report by the Foreign Correspondents' Club of China. Twenty-three percent said they were physically obstructed from accessing a location and eight percent said they we ... read more

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
TRADE WARS
NASA tests power system to support manned missions to Mars

European-Russian space mission steps up the search for life on Mars

Opportunity prepares software update as Sol 5000 approaches

NASA's Next Mars Lander Spreads its Solar Wings

TRADE WARS
Chinese volunteers spend 200 days on virtual 'moon base'

Russia at work on new station, lunar trips: says top rocket scientist

Russian company declassifies 1973 report on Lunokhod-2 lunar rover

Possible Lava Tube Skylights Discovered Near the North Pole of the Moon

TRADE WARS
Europa and Other Planetary Bodies May Have Extremely Low-Density Surfaces

JUICE ground control gets green light to start development

New Year 2019 offers new horizons at MU69 flyby

Study explains why Jupiter's jet stream reverses course on a predictable schedule

TRADE WARS
First Light for Planet Hunter ExTrA at La Silla

A new 'atmospheric disequilibrium' could help detect life on other planets

Johns Hopkins scientist proposes new limit on the definition of a planet

NASA Poised to Topple a Planet-Finding Barrier

TRADE WARS
Falcon Heavy rocket ready for fueling, static fire test

SpaceX CEO Sets Date for First Falcon Heavy Rocket Launch

Rocket Lab successfully circularizes orbit with new Electron kick stage

Ariane 5 delivers SES-14 and Al Yah 3 to orbit

TRADE WARS
China's first successful lunar laser ranging accomplished

Yang Liwei looks back at China's first manned space mission

Space agency to pick those with the right stuff

China to select astronauts for its space station

TRADE WARS
Asteroid to pass by Earth in Feb.

Asteroid 2002 AJ129 to Fly Safely Past Earth February 4

NASA, USGS confirm Michigan meteorite strike

Study identifies processes of rock formed by meteors or nuclear blasts









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.