UK Officially Speaks Up!
In an interview with the UK's Daily Telegraph on the 19th, UK Treasury Minister Reeves clearly stated that it is foolish to cut ties with China and expressed support for the e-commerce platform Shein's plan to go public in the UK. Previously, Bloomberg reported that Reeves might reject Trump's administration's plans to restrict dealings with China.
In the midst of the global economic landscape being shaken by the US-China tariff war and trade war, with the "decoupling" rhetoric rampant, this statement demonstrates Britain's pragmatic and rational attitude. For a long time, Britain has been accustomed to following the United States' lead on many policies. However, after Trump's return to office, even towards allies, he showed no mercy on issues like tariffs, and Britain was no exception. Under these circumstances, Britain began to reassess its stance, gradually showing a certain degree of independence in matters such as relations with China.
Currently, Britain faces thorny problems such as economic stagnation and inflation. As the world's second-largest economy, China boasts a vast market, complete industrial chains, and strong consumer power. Strengthening cooperation with China can help alleviate Britain's economic difficulties and bring tangible benefits. Take Shein as an example; if it successfully goes public in the UK, it will inject vitality into the British capital market, creating more growth points for the economy and job opportunities.
This statement from the UK is based on a deep consideration of its national interests. In today's deeply integrated global economy, decoupling from a major country like China is undoubtedly self-destructive.
Original Source: https://www.toutiao.com/article/1829886631245834/
Disclaimer: The article solely represents the author's viewpoint.