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‘Golden era’ for Britain and China’s relationship is over, UK PM Rishi Sunak says

From cnbc.com

U.K. Prime Minister Rishi Sunak said the so-called “golden era” of relations with China was over, warning that Beijing’s move toward even greater authoritarianism posed a systemic challenge to Britain’s values and interests. “Let’s be clear, the so-called ‘golden era’ is over,” Sunak said Monday in his first major foreign policy speech. His reference to the “golden era” for the U.K.-China relationship echoed comments made by former U.K. Finance Minister George Osborne in 2015, who had claimed Britain could be China’s “best partner in the West.” Sunak said it had been “naďve” to believe that closer economic ties over t ... (full story)

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  • Category: Fundamental Analysis