Despite Brexit, China is staying and will invest
China’s President Xi Jinping’s visit to the UK last year was proof that China is one of London’s and the UK’s most important trade and investment partners. In the wake of the British vote to leave the European Union, questions have arisen around how this relationship could change.
Gordon Innes says the Brexit vote has given the UK the chance to force stronger trade and investment links with countries outside the European Union, and China is a priority.
London will remain an international business centre which is open for Chinese business.
The Chancellor, George Osborne, met senior Chinese officials in London shortly before attending the G20 finance summit in Chengdu to foster stronger ties between the two countries and reassure business leaders that the UK sees China as one of its most important trading partners.
The long-term success of a global trading city is built on strong foundations of openness, innovations and the ability to attract skilled workers and investment. These qualities have been established over hundreds of years and none of that has changed for London in the past few weeks, according to the Chancellor.
London remains the No1 capital city for Chinese investment outside Asia over the last decade.
In the past few years, London & Partners has helped dozens of Chinese businesses invest in and move to London. Chinese companies have invested in large numbers in London’s creative industries, its world-class science base, its global financial trading hub and its transparent property market.
Investors, visitors and students should be reassured that London will remain open, cosmopolitan, welcoming and a highly attractive destination.
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