Will this “new” friendship improve China´s economic situation?
29 octubre, 2015
The China’s president Xi Jinping arrived on 19th of October at Heathrow Airport in London for a four day visit to uphold their economic situation and to establish bilateral relations between China and the United Kingdom.
It is the first time the president of China is visiting Britain since 2005 when Hu Jintao, the previous Chinese head of state, attended the Britain. However, Hu Jintao visit was met with such strident strikes, that it seems he swore off from the UK. Nevertheless, the Xi Jinping seems to have broken the silence between both nations and is trying to affirm a friendship with the UK in order to benefit the China’s economy and growth.
As we all are aware China hold great power when it comes to economy and trading business. This being said, it does not mean that China has not met its’ own downfall. According to BBC news, China’s economic growth has slowed down to 6.9 %. This evidently explains why on the 21st of October China signed multi-billion pound business deal with Britain.
Indicating the China’s need for establishing new connections because through such action their own population will uphold its’ power and even enhance it. And, of course, improve their statistics and lead them on reaching their own announced target.
It goes without the saying that the Britain’s representatives are not aware of this. Even the Foreign Secretary Philip Hammond stated that ‘’ it’s very much in our national interest to engage with China but we do so with our eyes wide open,” and that they are planning on‘’ developing a mature relationship with the Chinese and that they know that we are looking not just to China but to many other countries for infrastructure investment in the UK.’’
Furthermore, others experts from Chinese government said that China will grow 6.9 %this year even if it will have it´s own ´´ups and downs´´. The reason why is this happening is that some companies and individuals have failed investing in China´s economy, the Shanghai Securities News reported.
To achieve these aims, China and Britain is following a specific schedule:
Tuesday 20 October
During the morning, The Prince Charles and Duchess of Cornwall have planned to greet them, after they will proceed to go to Buckingham Palace and at the same time, it will hold a protest because of the violation of human rights. Formerly, he will meet Jeremy Corbyn, the Labour leader to discuss about it. At late night, it will host by The Queen a banquet with some others illustrious people.
Wednesday 21 October
During the morning, Xi Jinping is scheduled to visit the Imperial College of London with the chancellor of UK and the Prince Andrew.
Afterwards, Xi will meet William and Kate to celebrate the partnership of this two nations, and at the afternoon, The President of China will be attending at the UK-China business summit that it will be focus on investment, infrastructure and innovation.
Finally, at the end of the day, Xi will visit Huawei Technologies followed by a banquet hosted by the Lord Mayor.
Thursday 22 October
During the following day, Xi will received a formal farewell from The Queen and Philip at Buckingham Palace. Later, he will visit a British satellite telecommunications company called Inmarsat following with a conference of the Confucius Institute done by University College London’s Institute of Education. Conclusively, they will attend a formal dinner with David Cameron and his wife before flying to Manchester City.
Friday 23 October
On his final day of state visit, Xi is scheduled to visit the Manchester City’s stadium with the company of the prime minister, this visit is going to be followed by a lunch at the Manchester town hall hosted by prestigious business representatives and the Mayor of Manchester. Afterwards, both leaders will attend an event at Manchester airport before the departure of the first Lady and president of China.