‘India’s son-in-law’: Sunak’s headache projecting Britain abroad while problems mount at home September 8, 2023 It’s the age-old headache for prime ministers, and Rishi Sunak is no different. Overseas trips – full of opportunities to appear statesmanlike, gladhand other world leaders, and represent Britain on the global stage – always seem to come at the worst possible time. At the G7 in Japan earlier this year – possibly jetlagged and [...]
Rishi Sunak at G20 in India with hopes for post Brexit trade deal talks September 8, 2023 Rishi Sunak is set to land in New Delhi for the G20 summit in what No10 called a “historic moment”, amid trade deal negotiations to land an agreement with India. The prime minister, travelling with his wife Akshata Murty, will meet Indian prime minister Narendra Modi for bilateral talks. And officials have not ruled out [...]
FTSE 100 close: London markets falls after poor services PMI data raises risk of recession September 5, 2023 By the mid-afternoon, the FTSE 100 was trading around 0.3 per cent higher while the midcap FTSE 250 rose 0.1 per cent.
China: Country Garden avoids default after making interest payments on offshore bonds September 5, 2023 Property developer Country Garden has made interest payments on two US dollar bonds just before a grace period was coming to an end, ensuring it avoided default.
UK solar projects risk being ‘tainted’ by Uyghur forced labour, government told September 5, 2023 UK solar energy projects could be at risk of being “tainted” by forced Uyghur labour due to large-scale human rights abuses taking place in China, the government has been warned. Foreign Affairs Select Committee chair Alicia Kearns has tabled an amendment to the Energy Bill – which MPs are set to debate today – calling [...]
China: Country Garden share price soars after vote to restructure debt and avoid default September 4, 2023 Shares in Chinese property developer Country Garden soared after investors backed proposals to restructure its debt, easing pressure on the embattled company.
Cleverly will not ‘shy away from tough conversations’ while in Beijing August 30, 2023 James Cleverly has met senior officials in Beijing in a visit aimed at easing tensions with China but which risks deepening divisions in the Tory party. The Foreign Secretary insisted the visit would allow him to have “tough conversations” with the Chinese on issues including repression in Hong Kong, and human rights abuses in Xinjiang [...]
MPs criticise government’s unclear China strategy amid James Cleverly visit August 29, 2023 MPs have criticised the government for having an unclear strategy around its relationship with China, amid a high-profile visit by the foreign secretary James Cleverly. A parliamentary committee cited “confusion” and “failure to explain policy” on China, following a government announcement of the ‘Indo-Pacific Tilt’ as part of the integrated defence review. The report by [...]
China’s Country Garden asks for more time to pay off debts to dodge default August 29, 2023 Chinese property developer Country Garden has asked investors for more time to pay off its debts in a desperate bid to dodge default.
James Cleverly to make landmark China visit in bid to ‘protect UK national security’ August 29, 2023 Foreign secretary James Cleverly will make a landmark visit to China on Wednesday in a bid to reaffirm the UK’s protection of national security. Cleverly, who is currently in the Philippines, will fly to Beijing on August 30 for high-level talks with top officials including vice president Han Zheng and foreign affairs minister Wang Yi. [...]