This is an excellent, MUST-READ article from China‘s People’s Daily Online. Check it out!
China’s emphasis on market’s ‘decisive’ role to boost economic efficiency – People’s Daily Online.
Despite China’s enormous economic, social, and political challenges, the leadership have embraced the market in driving the future direction of economic development. This, of course, is so different to the UK, where the Public Sector, and vast industries like financial services and utilities are often protected from market forces. With a damning article from Pravda on David Cameron’s foreign and domestic policy, it is time for reflection ahead of David Cameron’s visit to China.
David Cameron has made many foreign policy blunders blunders in his dealings with China and the UK’s trade with China has suffered accordingly. Meanwhile, the UK media are talking up the importance of David Cameron’s forthcoming visit to China; this worries me.
Let me turn this to an open question:
What are the opportunities and risks in David Cameron’s forthcoming visit to China?
Any thoughts?
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