Open for business
BEIJING: Gordon Brown has come to China with one clear message - Britain is open for business with you. In recent years, the story of China's economic growth has been one of cheap labour and cheap manufactured goods. Now, as the country grows richer, it has money to spend at home - more Bentleys are sold in Beijing than in London - and money to invest abroad.
The prime minister believes that the hostility towards Chinese investment which has been expressed both in America and in Europe gives the UK an opportunity to be seen as welcoming to a country which recently created an investment or "sovereign wealth" fund with £100 million to spend. Cheap Chinese goods have underpinned low British inflation for years. Now Gordon Brown hopes that Chinese investment and growing consumer power will sustain British prosperity.