Chancellor George Osborne has set out an aim of making China the UK’s second largest trading partner by 2025, as he makes a controversial visit to a remote Chinese region.
Mr Osborne said Britain must “raise its game” to increase exports to China from £25bn (246bn yuan) to £30bn annually.
He is the first UK minister to visit Xinjiang province, in north-west China.
Campaigners have urged him to raise concerns about the treatment of the province’s Muslim Uighur minority.
Amnesty International said Uighurs had been subjected to “heavy-handed” security measures since an outbreak of unrest in 2009.
via BBC
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Alfonso Esparza