The British Premier, David Cameron, flew to China with intention of establishing a multi-billion-dollar free trade deal between Beijing and the European Union, on Sunday.
Cameron, accompanied by the largest ever British business delegation to another nation, emphasised the UK’s desire to play an important role in China’s expansion as the world’s second biggest economy.
Writing in a Chinese weekly news magazine, on the eve of his visit, Cameron said,
“There is a genuine choice for every country over how to respond. They can choose to see China’s rise as a threat or an opportunity. Britain’s answer is clear. We want to see China succeed.”
“I now want to set a new long-term goal of an ambitious and comprehensive EU-China Free Trade Agreement.”
The latest British initiative in China, comes as last month, British finance minister, George Osborne, relaxed regulations on Chinese banks in London, and accepted Chinese investment in the British nuclear capacity expansion programme.