Need a Better Dialogue Between U.K. and China: BritCham China

The video discusses the current state of UK-China relations, focusing on trade growth and challenges. It highlights the importance of informed engagement and the potential for a free trade agreement (FTA) despite political tensions. The UK's trade priorities post-Brexit are outlined, with China being a significant partner. The video also addresses potential countermeasures from China and the need for businesses to prepare. Recommendations for market reforms and the importance of ongoing dialogue are emphasized, noting changes in the market environment over recent years.

What is the current status of the 'golden era' in UK-China relations?

• It is only relevant to political relations.

• It never existed.

• It is still ongoing with strong trade growth.

• It has ended completely.

What is a key factor for successful UK-China engagement according to the discussion?

• Ignoring shared interests

• Focusing solely on trade

• Informed and constructive dialogue

• Political pressure

Which countries are prioritized by the UK for free trade agreements post-Brexit?

• EU, US, Japan, Australia, and New Zealand

• Russia and Brazil

• China and India

• South Africa and Canada

What is the UK's trade volume with China, including Hong Kong?

• 31 billion

• 18 billion

• 2.9 billion

• 100 billion

How are UK businesses advised to handle potential countermeasures from China?

• Prepare by considering all options

• Ignore them completely

• Focus only on domestic markets

• Rely on government intervention

What is one of the five core recommendations for improving UK-China trade relations?

• Limiting capital accounts

• Strengthening market reforms

• Increasing tariffs

• Reducing cybersecurity measures

What has been observed in the Chinese market over the last few years?

• A decline in trade opportunities

• Genuine movement in opening up certain areas

• No changes at all

• Increased restrictions on foreign businesses