China threatened to cancel high-level trade talks with the UK earlier this year over a government minister’s visit to Taiwan, the Guardian can disclose. Beijing told the British government it would pull its first trade and economic dialogue with the UK in seven years after Douglas Alexander, then a trade minister, travelled to Taipei in late June. The engagement threatened to scupper the UK-China trade and economic commission (Jetco), which ultimately did go ahead after diplomats privately scrambled to contain the diplomatic fallout with Beijing. Peter Kyle flew to China…
Tag: UK news
China forecast to have sold one in every 10 new cars in UK in 2025
Chinese brands are on course to account for one in every 10 new cars sold in Britain during 2025, a marked increase on last year as sales increase across Europe. Manufacturers led by MG, BYD, and Chery are on track to break the 200,000 mark in UK new car sales in 2025, meaning they are very likely to account for 10% of the market, according to Matthias Schmidt, an analyst tracking electric cars across Europe. Spain and Norway also get a tenth of their new cars from Chinese brands, with…
Copper price on track for biggest rise in 15 years amid global shortage fears
Copper, the metal that underpins the fast-growing renewable energy industry, is on course for its biggest annual price rise in more than 15 years as traders react to fears of global shortages. As one of the main beneficiaries of the “electrification of everything”, copper has soared by more than 35% in value this year, spurred by US tariff uncertainty and concerns about mining disasters that could restrict supply. Analysts said copper had also joined silver and gold as a safe haven asset for investors wanting to hedge against the falling…
Influx of cheap Chinese imports could drive down UK inflation, economists say
As Trump’s tariffs take effect, Britain is likely alternative destination for cars, telecoms and sound equipment Business live – latest updates The UK is poised for an influx of cheap Chinese imports that could bring down inflation amid the fallout from Donald Trump’s global trade war, leading economists have said. After figures showed China’s trade surplus surpassed $1tn (£750bn) despite Washington’s tariff policies hitting exports to the US, the Bank of England said the UK was among the nations emerging as alternative destinations for the goods. Continue reading… The Guardian
Through the lens of history, Trump’s legacy will be more of a blotch than a Maga masterpiece | Simon Tisdall
For those who lived through the cold war, the fall of the Berlin Wall on 9 November 1989, was an unforgettable moment. The sinister watch towers with their searchlights and armed guards, the minefields in no-man’s land, the notorious Checkpoint Charlie border post, and the Wall itself – all were swept aside in an extraordinary, popular lunge for freedom. Less than a month later, on 3 December 1989, at a summit in Malta, US president George HW Bush and Soviet leader Mikhail Gorbachev declared that after more than 40 years,…
The second China shock is coming – and the UK’s response is too timid | George Magnus
Emmanuel Macron came back from China in early December empty-handed. The French president’s appeal to his Chinese counterpart, Xi Jinping, to help stop the war in Ukraine was never going to gain traction given Beijing’s unqualified support for Russia. Urging Xi to address China’s surging trade surplus, the result of the country’s economic and industrial policies, predictably also fell on closed ears. In any event, Xi’s main concerns were the imminent final politburo meeting of the year and the annual Central Economic Work Conference (CEWC) that followed. Centre stage was…
The best of the long read in 2025
Victor Pelevin made his name in 90s Russia with scathing satires of authoritarianism. But while his literary peers have faced censorship and fled the country, he still sells millions. Has he become a Kremlin apologist? At 18, Mustafa was told his only way out of prison was to join the regime forces. After 14 years, his past as one of Assad’s fighters could get him killed When fossilised remains were discovered in the Djurab desert in 2001, they were hailed as radically rewriting the history of our species. But not…
Chinese robotaxis due in London next year as Lyft and Uber reveal tie-ups
Chinese robotaxis are due to be on the streets of London next year after the US ride-hailing companies Lyft and Uber announced tie-ups with Beijing-based Baidu to deploy its self-driving technology. Lyft is the third firm to announce plans to introduce self-driving taxis to the UK capital next year, after Uber and Waymo, the main operator of robotaxis in the US. Its ride-hailing services are the major rival to Uber’s in the US and Canada, and this year Lyft expanded into Europe after acquiring the Freenow app in the summer.…
China has set a bear trap for Keir Starmer – and our naive PM is walking straight into it | Simon Tisdall
The UK pushed hard to secure the release of Jimmy Lai, the newspaper publisher and British citizen who was a leading light in Hong Kong’s brutally suppressed pro-democracy movement. So, too, did press freedom and human rights campaigners. But the Beijing-appointed high court judges in the former colony convicted him anyway, finding Lai guilty last week on fake charges of trying to “destabilise” the Chinese Communist party (CCP). For Xi Jinping, China’s dictator-emperor, there is no greater crime. Protesting to China’s ambassador, the UK’s foreign secretary, Yvette Cooper, condemned the…
UK Foreign Office victim of cyber-attack in October, says Chris Bryant
The UK’s Foreign, Commonwealth and Development Office was hacked in October, the minister Chris Bryant has said. Bryant, a trade minister in Keir Starmer’s government, told Sky News there was a low risk to “any individual” from the cyber-attack. Details of the hack emerged on Friday in a report by the Sun that claimed a Chinese hacker group was behind the cyber-attack. However, Bryant told broadcasters it was “not clear” who perpetrated the attack and cautioned against speculation. “There certainly has been a hack at the FCDO and we’ve been…