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Boosting bilateral trade is set to top David Came
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28 posts
Nov 09, 2011
4:53 PM  |
LONDON - Boosting bilateral trade is set to top David Camerons agenda during the British Prime Ministers first China visit this month since taking office in May. St. Louis Rams Jersey. Analysts, officials, and business leaders in the UK also said the two countries can move beyond a business-to-business partnership by having more cooperation in areas like healthcare and legal issues. Camerons two-day visit will start on Nov 9 before he heads to Seoul for the G20. During his stay, Cameron will meet President Hu Jintao and Premier Wen Jiabao. The size of Camerons team was described as the biggest ever in the UK leaders China visit. He will be accompanied by Chancellor of the Exchequer George Osborne, Secretary of State for Business, Innovation and Skills, Vince Cable, Climate Change and Energy Minister Chris Huhne and Education Minister Michael Gove, as well as more than 50 leaders in the business and commerce industry, Foreign Ministry spokesman Hong Lei said at a regular news conference on Tuesday. The visit is significant to the long-term development of Sino-UK relations, Hong said. Related readings: British PM to visit China with largest-ever delegation China and the UK enjoy a healthy relationship now, and since the new government took place in May this year, the two countries have had frequent high-level exchanges and cooperation has been smooth, Hong said. Britain is aware that China is an ever-greater presence in the UK, noted Rana Mitter, a professor of University of Oxford China Center. Mitter said the two countries need each other in an interdependent world. China needs economic growth, not just at home but also in the UK and the rest of the world - after all, it needs a market to export its goods. China is the UKs second-biggest trade partner after the EU, while London is Beijings third-biggest trade partner in the 27-nation bloc. Total trade volume, reached $39.1 billion in 2009. It had already reached $26.6 billion in the first seven months of 2010 - up 32.1 percent compared to the same period last year, according to Liu Xiaoming, Chinas ambassador to the UK. Despite growth and positive figures, some have pointed out that bilateral trade and investment need to be more balanced between China and the UK. While China has become the sixth-biggest investor in projects in the UK, according to the UK Trade & Investment, the latter exports more to Ireland than it does to China, Brazil, Russia and India put together. The British government should also make it easier for businesses to export their goods and services - including by providing information, contacts and financial backing and removing constraints to trade, Richard Lambert, director-general of the UKs top business lobbying organization the Confederation of Business Industry, said last week. Not just B-2-B Despite trade and investment, observers said China and the UK, strategic partners since 2004, should have more areas to cooperate on. Mitter, of Oxford University, said the UK remains one of the worlds major economies with significant strengths in areas such as finance, higher education, and international legal services. The City of London, the financial center of the British capital, had on Monday established an advisory council composed of prominent Chinese government and financial figures to guide its engagement with China. Alex Mackinnon, an international strategy consultant and co-author of China Calling: A Foot in the Global Door and China Counting: How the West Was Lost, said China can learn from the UKs experience in healthcare. China can benefit from a closer linkage at the inter-governmental level with the UK, which has a national health service with a large administration covering urban and rural medical provision. Mackinnon pointed out two other areas where there is room for lateral thinking. The development of contract law is highly respected and advanced internationally in the UK, said Mackinnon. There is also in the UK a fair and reasonable arbitration environment and China could agree that some disputes may be allowed to be arbitrated in the UK under guidance from scholars of both nations, he added. Ai Yang contributed to this story. New England Patriots Patrick Chung Jersey. San Jose (5-2-1) won for the fifth time in its last seven matches, a span that includes five wins, and for the second time in four road matches this season. Seattle (3-4-3) lost for the third time at home this season, which is one more loss than all of last season. Miami Dolphins Marino Jersey. The world number one successfully challenged the calls on the final two points of the second tie break to beat the dogged 22-year-old Swede. It wouldnt have made a difference to the score in the end, Federer told a news conference. Authentic Tom Brady Patriots Jersey. Randy Cameron scored twice and had three assists as the Moncton Wildcats ended the Saint John Sea Dogs 22-game win streak with a decisive 7-3 victory in Quebec Major Junior Hockey League action Sunday afternoon. Leon Washington Jersey. It has to feel good about its chances with a trip to Chicago on tap. The Canucks visit the Blackhawks tonight aiming to record their seventh win in their last nine regular-season trips to the United Center. Miami Dolphins Davone Bess Jersey. Australias rate of oesophageal cancer had more than doubled in 25 years and the cause was mostly lifestyle-related and therefore preventable. Related readings: WHO predicts drastic rise in cancer deaths Scientists: caffeine slows brain cancer growth Exercise, green tea may lessen breast cancer blues Cancer-stricken Dennis Hopper divorcing wife This is a big concern, not just in Australia but in many other countries where increasing affluence is being accompanied by expanding waistlines, Olver said in a statement to mark World Cancer Day 2010 (February 4). Gore Jersey. Zambry Abdul Kadir, the chief minister of northern Perak state, says police, firefighters and emergency services personnel are scouring the river after the students went missing late Monday. Joshua Cribbs Authentic Jersey. 17,2009.[Xinhua] COPENHAGEN: Chinese Premier Wen Jiabao said here Thursday China hoped the ongoing climate change conference would achieve the best outcome. Flames Tanguay Jersey.Y. - Yann Danis has played well as a fill-in in goal for the New York Islanders for five games. (Sports Network) - A 15-game winner last season, Chicagos John Danks has yet to pick up a victory in 2011. After beginning his major league career as a reliever last season, Texas Alexi Ogando is undefeated as a starter this year. The two oddities square off this evening when the Rangers -- who are expected to have both Josh Hamilton and Nelson Cruz back in the lineup -- play host to the White Sox for the first of three straight games in Arlington. Danks has reached double-digit victories in each of his previous three seasons, including a career-high 15 last year. However, he is 0-6 through nine starts this season with a 4.32 earned run average. The 26-year-old southpaw had dropped five straight starts before getting a no- decision versus the Rangers on Tuesday. Though he didnt get a loss, he wasnt sharp either, yielding three runs -- two earned -- on four hits while matching a career high with six walks over 6 1/3 innings. They didnt hit me very much because there werent very many pitches to hit, said Danks on Chicagos website. I did my best to stay out of the way there after the first few innings. The silver lining was that Chicago did edge out a 4-3 win, marking the first time it has claimed victory this season in a game that Danks has started. A first-round pick by the Rangers in 2003, Danks is 1-3 with a 3.89 ERA in six career starts versus Texas. The Rangers continue to look like they made a wise choice shifting Ogando from a relief role to the rotation. He went 4-1 with a 1.30 ERA in 44 games out of the bullpen last year and is 4-0 with a 2.13 ERA over eight starts in 2011. The right-hander did not factor into the decision of his last outing versus Kansas City on Wednesday despite matching his longest outing of the season with seven innings of work. The 27-year-old Ogando yielded two runs on four hits with just one walk and five strikeouts. Ogando will be making his first career start against the White Sox, but has held them without a run over a pair of relief outings spanning two innings. There will be some welcome sights in the lineup for Ogando and the rest of the Rangers with both Hamilton and Cruz expected to be activated from the disabled list in time to play tonight. Hamillton has been out since suffering a non- displaced hairline fracture of his right humerus in an April 12 game at Detroit on a head-first slide at home plate, while Cruz was placed on the DL May 7 due to a strained right quadriceps. Vernon Davis Jersey Hamilton served as the designated hitter during a three-game minor league rehab stint with Triple-A Round Rock and will serve that role with the Rangers until they feel he is ready to get back into the outfield. Will I get hurt again? Only the Lord knows that, Hamilton told Texas website. One thing I do know. He made me to play hard and to show off my ability to the fans. Thats what Im going to do ... maybe just not dive into home plate head-first anymore. Hamilton, the 2010 American League MVP, was hitting .333 with seven RBI in 11 games before his injury, while Cruz, the teams right fielder, is batting .219 with seven homers and 18 RBI in 30 games. Texas could use the extra pop as it has averaged just 3.8 runs per game in its last 26 contests. The Rangers plated just four runs over their three-game series with the Phillies, but avoided a sweep with Sundays 2-0 victory. Matt Harrison pitched 8 1/3 innings of scoreless ball before Neftali Feliz recorded the final two outs. You never want to get swept, said manager Ron Washington, whose club remained a half-game ahead of the Angels for first place in the AL West. For two days we battled but were unable to put runs on the board. Now the plane ride home will be much better. Chicago took the final two games of its interleague set with the Los Angeles Dodgers, including Sundays 8-3 victory. Alexei Ramirez powered the offense with four hits, one a homer, and five RBI, while A.J. Pierzynski added a solo homer in helping the White Sox win for the fifth time in six games. Today we swung the bat very well, and our defense was outstanding. White Sox manager Ozzie Guillen said. Chicago is expected to begin a 10-game road trip with Carlos Quentin in the lineup. The outfielder missed the last two games with a bruised left knee and is batting .259 with nine homers and 26 RBI this season. The Rangers and White Sox split two games last week giving Chicago a victory in four of the past six meetings. ' ' ' |
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