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- เผยแพร่เมื่อ 18 พ.ค. 2023
- World leaders are in Japan for the 49th G7 summit exploring how to manage their economic ties with China.
Newsnight's Economics Editor Ben Chu assesses how the UK's once "golden" economic relationship with China took a turn, and where the west's business interests might head next.
This film is part of a two part Newsnight series, China: A new Cold War? To watch the first part, click here: • China and the West: Re...
Produced by Louis Harris-White. Edited by Mike Casey.
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Actually Britain changed its stance towards China overnight because US told it to do so. The Golden Era was supported and pushed for by the US. When it realized China is on path to surpass the it, the US reversed course. And the western alliance followed suite. China didn’t change. It always had the same stance towards Taiwan, XinJiang, Hong Kong etc.. The United States changed.
You tell no lies.
It's capitalism.
The US has a habit of "investing" in the next competitor until they get too "competitive".
Au contraire, the US was the biggest supporter of China's rise. China, on its own, decided to be aggressive towards its neighbours. The idea that the US merely hated competition and therefore demonized China unfairly, is a highly ignorant statement to make.
@@chrisvb4387 You gotta understand the history, the US China diplomatic relationship was based on the one China policy, and the whole purpose of the policy was to deny the chance of Taiwan independence, if you consider the first and second Taiwan strait crisis, in which the nuclear warhead has almost been used by the US towards China, you'll find that China has never changed its stance, but the US did. They did at one period be very supportive towards the rise of China despite the conflicts during the Chinese civil war, Vietnam war and Korea war, however, now they've changed their stance again because of the chance that China, a country with a very different ideology becoming a threat to the US hegemony. China has yet started a war with any of its neighbours since WWII, there have been conflicts, but not a single war towards neighboring nations were started by China, unlike the US, 20 wars in other soils, the bombardment toward Cuba still holds after 60 years, justice and human rights is a joke to those in Cuba.
@@haixinzheng9759 Understand China's history? Are you living in Asia that you can say so? Cause my country is on the front lines. We know how China acts and plays. It's not the US that is the issue. Oh wait, you seem to be from the mainland. lmao
With regard to Taiwan, the island has never been ruled or controlled by the mainland CCP. Taiwan does not consider itself a part of China. Although it carries the name of the old government that ruled the mainland prior to WW2, the ROC, it is not a de facto part of mainland China anymore. Not for many decades. They were supposed to join together again "peacefully", however, considering what happened to HK and how China treated the people there, it is highly unlikely that a country that is fond of its democracy, Taiwan, will ever want to be a part of that government.
I don't know what kind of education you have that you think the US is the main villain in what's happening, but consider that, unlike China which forces itself on others while spreading their propaganda where they lie through their teeth, the US is invited by its allies both in Europe and Asia.
You can dump your 'because their ideology is different therefore west is hostile' narrative, they have always had different ideologies, but it was only after China started being an aggressor that things heated up. Before that, we were all kinda hoping that China was wanting to play in a rules based globalizing world.
Yes the US has been in wars. It is also the US that has maintained free trade in the world. Its fleets and bases are situated in the most strategic locations to protect shipping lanes and land routes for trade and commerce to continue. You cannot have all that prosperity internationally without dipping your toe in conflict. And even in those conflicts, the US military has tried its very best to protect its own soldiers, citizens, and avoid collateral damage and deaths as much as possible. Contrast that to Russia and China.
If you want a Russo-Sino ruled world, you'll be looking at a lot of freedoms and liberties disappear, just as it is in their own countries.
@@haixinzheng9759 你为什么说 “China has yet started a war with any of its neighbours since WWII ”，朝鲜战争，越南战争，中印冲突，这些都是战争。你怎么能睁眼说瞎话呢？中国人是不说谎的。滚回去，少出来丢人了
a better question to ask: why the hell should you trade with a country solely in the hope of starting a regime change??🤣🤣🤣
I love how the west is worried about China doing to them what they've been doing to the rest of the world, it's so entertaining to watch
So what is China doing to the others that’s so bad?
The thing is, China doesn't do what the West does to the rest of the world. China treats other countries with respect and mutual interests that's why the rest of the world is turning away from the West & working with China.
They will never know.
I don't remember the West ever exporting authoritarianism and surveillance/police statehood. Clown
What are they worried about?
This all translates to " we can't let china be of greater influence in the world"
No it doesn't. However, hardly anyone in the world trusts China to influence anything.
THE WORLD HAS ALWAYS SUPPORTED CHINA AND THE WORLD HAS ALWAYS STOOD BY CHINA TO FIGHT THE ANGLO-SAXON INVADERS...!!!
✝️🇨🇳GOD BLESS CHINA🇨🇳✝️
✝️🇨🇳🙏🙏🙏🙏🙏🙏🙏🇨🇳✝️
0:21
No it translates to racism and Anglo Saxon propaganda.
Only the ignorant would say this. If anyone knows just a little about the real China and CCP, they'd see how ridiculous it is that we're still trading with that genocidal regime.
It's much worse than trading with the Nazis, and the whole world will see this in 50 years, and we'll see the ones who helped the CCP keep harvesting organs.
I mean india has got border issues with China for long time but no matter what our economy depends heavily on chinese manufacturing.phones,tvs,acs,car parts,batteries and plastics and pharma heavily imported at cheaper price than any tether country and this applies for every nation.
Can International community especially developing countries disentangle themselves from American and Western aggressive economic coercion and military threats? That's the key topic these days all developing countries should focus on since Western authorities have been threat and sanctioned almost everyone by taking advantage of their economic, technology and military powers.
Exact comment I wanted to see, thank you
Highly doubt because even China is only interested in its interest just like the rest of them and besides Chinese largest trading partners are?
I would disagree with your viewpoint on America and the west. But I will agree with u on that for the moment just to bring my point across. And that is I rather have America be the one to doing it than China or Russia or Saudi Arabia. Just look at how the Chinese government treats its own citizens who dare criticize against the government. Imagine if they were the most influential, I think the world would be more fearful. Look at how they threaten Taiwan who expresses themselves as their own country but China insist they are part of China….. At any point in history, there has always been one country being the most influential in the world. These tend to exert influence and pressure on others, that’s just reality. So who do u want to be that country? I would pick the lesser evil
@@anonymousmember12345 Your lesser evil has blown my country to smithereens and bombed the Chinese embassy "by accident", this is not the only country where the US is the ultimate evil
Green Traveler so YOU are happy that China has taken over Tibet and imprisoned the millions of Muslim Wegar people and crushed Democracy in Hong Kong and Russia ,Saudi Arabia and China are run by Dictators and I know who i would prefer and it is NOT those guys
Some of what people are saying in this piece is contradictory. "Support the US with national security issues" but "avoid becoming entangled with economic warfare with Bejing". The simple fact is that the goal of Communism is, eventually, "World Communism" or centralized control of the means of production for humanity. Several early works by Marxist theorists support this. Economic warfare IS national security, whether you like it or not. For starters, Taiwan produces over 90% of the World's advanced chips. These chips are not only in everything you use, but they are in advanced military hardware. China has said that their goal is to take Taiwan by whatever means are necessary. This is in part to control that industry. China has also been aggressive in the South China Sea towards its neighbors. You may not like the fact that the United States is there, but the US was invited by the Philippines again for a reason. Some of you point out how the US is an "imperialist nation". I submit to you, so are China and Russia as well. Although what China has done by lifting 300million out of poverty, it could not have happened without the trade policies beginning in the 70s. Let's not forget that in some living peoples' memories, the regimes in power that are the direct lineage of those that were in China and the Soviet Union that had about 100,000,000 of their own citizens killed. This is the legacy of Totalitarian and Authoritarian regimes and that has included Communist, Fascist, and Autocratic governments. It appears that number has not stopped climbing. I get that some of you believe that Liberal Economies are the of keepers of the Military Industrial complex or whatever. But I like being able to jump in my mini-van and go from the Atlantic to the Pacific without government approval. Capitalism isn't perfect. But it's also not what those governments are... Totalitarian governments would be like if the DMV or the welfare office took over grocery stores and car dealerships, complete with AKs and bad business ideas. I like private ownership. Whether you like it or not, war with China is inevitable as long as they have their sights on Taiwan. And so long as China is a threat to global order, it is Britain's problem too.
Why am I not surprised that they yet again let a British Chinese to cover this sector?
You cannot expect politicians in a country that can choose to leave the European Union to be intelligent enough to handle diplomacy in the face of a confrontation between the US and China. The UK might as well make its Foreign Secretary a subordinate to the US Secretary of State and perhaps you would have a foreign policy that would be more popular with the Americans, which is, after all, the point of the British Foreign Office's existence.😂😂
The UK has been the unofficial 51st state of America for a long time now. The prime minister of the UK is a bum boy to America. If Biden told Rishi to smell his fart, Rishi will smell his fart.
we are still begging for a deal from the USA so hardly going to be that resistant to them
For centuries Europeans has done everything including using force to trade with China. They could manage to days to force the trade but that has changed significantly since china grew a formidable military and industrial prowess. Europe has to think critically before following USA on its relationship with china otherwise the consequences will be severe. Case in point, Russian sanctions.
This time I'ma let it all come out, this time I'ma stand up and shout I'ma do things my wei, it's my wei, my wei or the huawei...
Kamla Harris and Rishi Sunak have one thing in common.
Their LAUGHING style
Just don't trade with anybody, that's what Brexit mean isn't it.
That's the Chinese/ Russian narrative. That not trading with China means not trading with the world, as if China is the world.
No brexit means more transatlantic and pacific trade deals, with countries such as those in the commonwealth, US and East Asia. Beneficial in the long term, just hit us hard short term.
Ya that's worked out great for the UK lol.
Trade with everybody 😂
Try that for fun. And then tell me how it works out for you... You CAN'T buy anything from anyone, or sell them anything... Good luck.
“Are you selling out British farmer mr prime Minister” - Top journalism 😂 2:44
100% YES
I wonder why Sunak is anti China and pro india.. aside from his indian heritage, his father in law being an indian billionaire might have something to do with it.
Why can't we find peace with China and find someway to continue to do business with them??
Simply because they will surpass the USA as the world's largest economy, which the US doesn't like as it challenges their hegemony, so their subservient Western lapdogs have to obey their master & push warmongering rhetoric at China as they think it is the only way to contain China(which of course they have no right to do).
因为英国一直想侵略中国！ 14亿中国人都明白
Ask China
Clash of ideology and control. China wants the control and influence the west, particularly the US has had, and most western countries don't want to give it up. This is particularly because of the very strong ideologal differences between the two countries and on points like Taiwan.
@@brynphillips9957胡说八道 美国一直在全球发动颜色革命。 世界人民都知道
You don't have to completely disentangle. Just diversify the supply chain so China can't use trade blackmail on you like they did to Australia.
Yep, we are trying. A bit like an eagle with something too heavy, we are a bit in freefall. But others are stepping into the breach. Defence, trade, migration we are changing. I think in next decade EU will be entrenched in parts of Africa and Middle East and Asia Pacific. It will be interesting to see where it goes. But people like Niall Ferguson and Peter Zeihan are doing many speeches on China population demographics and future. Time will tell.
tm的，在台海问题上反复横跳，你哪来的脸说中国胁迫你们，言而无信的白皮猪总是道貌岸然，让人恶心🤢
Not blackmail. Consumers are free to chose who to buy from don't they? If the Chinese thinks the Australians are rude and have poor customer service, they are free to patronize somebody else. That's hardly blackmail is it?
It's authorities in Australia banned Chinese companies at the first beginning and China just had to retaliate against Australian economic coercion.
You mean like USA sanctions against 100 countries ? Blackmail?
we're all in this together folks
Yes ！we can
2:57
This man only sees money, but no values.
I understand that dealing with a country fundamentally hostile to my values is the same as selling my future and that of my descendants to the enemy.
The enemy is built by yourself.The real China is not the Evil China shaped by your medias from the lens of yourself.
Finally a word of wisdom!
Right on 👍
if dealing with contrary values means selling your future, the same set of values you hold on to must be uncompetitive and inferior. a sign of avoidance and lack of confidence.
@@mankitwong4165
If I maintain trade relations with a group who ultimately wants to invade my land, rob me of my subsistence and enslave the people, I am enabling this to happen. If I refuse to deal with them, they will be weakened and not able to achieve those goals.
6:09 I'd love to know what "particular military technologies" the person is referring to, that according to him the UK should avoid, while exporting its higher education and culture? I couldn't help but feel the person was reading a Beijing xmas stocking wish list. But then I don't really understand what the debate is about - It's abundantly clear that China also wishes to "disentangle". Only at a pace that Xi deems convenient. i.e. One that allows for grabbing everything that isn't nailed down on the way out.
Without your permission, how can they undermine your security and sovereignty through trade?
Short answer. NO
At the same time, US is asking China to open the market so that US can sell more products in China. US companies are looking for more investment in China too.
America has the hugy business benefits from China market . I don't think GM, Apple, Tesla, Macdonlad, Walmart, etc want to decouple China.
@@bryandeng570 McDonald's has been sold to Chinese company. They don't have relationships even though the company is using the same name. When they took over the company, they tried to change the name into Chinese words.
Meanwhile US citizens prefer to buy Tesla , Apple shares in stock market because of their growth and stability. Everyone is taking benefit from China. They need China but they don't want China, just like the Dark Knight in the blood, hero they don't know need, but they don't want.
Anroher day, another troll. DON;T DO BUSINESS with dicatatorships. Haven't we learned from Russia experiment???
你在说什么？是美国一直在禁止中国的公司，对中国发起贸易战。华为、中兴、中国电动车、TikTok、DJi、棉花制品……反观美国企业，如苹果、特斯拉、亚马逊等等，在中国都正常运营
Not unless Western countries develop their own command economies, state owned companies and create the conditions for low cost of living, high employment and a thriving manufacturing sector that is able of outbid most competitors.
is that even doable?
@@buravan1512 Very unlikely. Usually an efficient process can replace a redundant one when greed is not a factor.
BBC doing a Chinese a propaganda piece? Have you guys no shame?
When you talk about the West you actually mean the UK and the US, as an Australian I don't want to be represented.
Maybe you don't, but your politicians do
You are Chinese, lol.
It's impressive how the European economies are shrinking, yet their obsessive focus remains on China thanks to the United States' 'leadership', especially given the US benefits for Europe's pain.
It would be natural not to cooperate economically with a power that seeks hegemony so as to return to the era of the law of the jungle.
If it's natural to do so, then why England didn't cut ties with China? It should be very easy thing to do....
Then you should cut ties with US who is constantly seeking hegemony for hundred years 😂
China need the West not the other way around. So we Americans can wall away from China any time we want.
@@billshi6005 Japan never had ties with the US in the beginning.....
It was the US that came to Japan and threatened Japan to obey or be destroyed.
If US.'s culture was like China, we wouldn't have upheld it after WW2. What does post-leader China have other than Kanji?
Cameron should be jailed for leading this country to the mess itisin
Why do you think a nation of 1.4 billion people has to follow the values and ideas of a nation of 65 million ppl?!
Recently, a Malaysian newspaper editorial noted that a 1st May 2023 Financial Times article headlined "EU and US warn Malaysia of 'national security' risk in Huawei's bid for a 5G role in Malaysian telecommunications. Both the US and EU ambassadors to Malaysia warned Malaysia over risks to Malaysia's national security and foreign investment if China was given any role in Malaysia's 5G rollout. Friendly warnings indeed! Let’s not kid ourselves that the US and EU care anything about Malaysia’s best interests. This is just another iteration of the US’ proxy war against its adversary China. A threat which in essence means that Malaysia must toe the line if it wants US and EU foreign investment to continue. Naively, I had thought that Malaysia had thrown away the Western colonial yoke when we became an independent and sovereign nation!
Just to note that the Pentagon Leaks in April revealed that the US were spying on both adversaries and allies alike. The US had spied on the UN, on South Korea president, and European media had reported that the US had utilised Denmark to spy on European leaders such as Germany's Angela Merkel. Oh, and both South Korea and Germany are staunch allies of the US! A case of the pot calling the kettle black, or just pure plain hypocrisy and double standards!
China has never threatened Malaysia over US or EU foreign investment in Malaysia. But the US and EU has seen fit to threaten Malaysia over China's foreign investment in Malaysia. I wonder what other non-Western or former colonies of the US and EU would feel about such veiled threats. Especially as former Western colonies had the naive belief that they were sovereign and independent nations, able to decide for themselves what was in their nation's best interest! It would seem that the EU and US are still perpetuating their 'White Man's Burden' by giving such 'friendly advise' to non-Western nations.
Haha you think China is a friend to Malaysia. China has no friends in Asia except possibly North Korea.
west is the evil
The EU and US warned Malysia because that's what China did. A Warning is just that, a warning. The US also warned Germany what will happen when they become dependent on Russia, did Germany listen? No, now look at what happened with Russia. The same will happen with Malaysia, but I don't really care about Maylaysia. If China takes over Malysia it's better considering Malaysia is an Islamic nation, China can crush it. And that's a win-win for humanity.
Now as for spying. China spies, Russia spies, Iran spies and I could go on. WTF is your point?
It looked like China was trying to disentangle from the West; it was not a question "can Western economies disentangle themselves from China?" China has befriended Africa first, then the Arabs, and now the Central Asians.
You've reversed the order, who is the party initiating the sanctions blockade, China or the US-led West?
Another day, another troll. DON'T DO BUSINESS with dictatorships. Haven't we learned from Russia experiment???
LOL
Doesn't work like that. You can befriend anyone and everyone you like, but if you want to get rich, you need to befriend the wealthy, and most of the world's wealth still sits in the west.
Should be building bridges, prosperity and harmony not burning bridges, creating divides and conflicts
STOP LISTENING TO US and do whats best for your country. China can contribute more to UK economy. Start caring for your coutnry first rather than other.
Now tell me about China's aging demographics, all the bad blood they have with their neighbors after centuries of stuff and the fact they are out of cutting edge tech with no fast chips for the foreseeable future. Tell me about how much of their economy is based on exports to developed countries. China is highly dependent on globalization and guess which country brought that about and now it's slowly going away.
China is the world's factory, producing far more than they consume, with an annual trade surplus of more than 600 billion dollars, which leads to too much savings that can not find a place to spend, so they began the the Belt and Road policy to expand consumption.
As the population ages, production will decrease and exports will decrease, and trade deficits will decrease. but their factory will still be sufficient to meet the needs of their own people
You should get your facts check🤭
They can if they force these Western companies to move out. It's clear to see at first they told us they can manufacture product for cheap but now the price has double and some times triple while at the same time their CEO gets paid over 100 million is stocks while not even paying their tax before they use every loop hole to cut it down.
'' if they FORCE these western companies to move out'' : where is democracy and freedom if we use force
Hostility what?Taiwan?Please,taiwan is a part of china,which is admit by UN and UK,Do you want broke the the agreement you signed？
Both Hong Kong and Taiwan are China's internal affairs. How can we carry out relevant actions and military operations don't need any foreigners' evaluation
EU can certainly disentangle everyone if it chooses to. The better question is: is it in EU interests to divorce China.
I guess that I'm lucky that I live in Canada. We don't do extremes very well, so China accounts for less than 20% of our imports, and not much more than 5% or 7% of exports. China also only owns about 3.5% of our foreign owned businesses. With the relationship we have with them since the Huwai idiocy and the two Michaels taken as political hostages by that corrupt country, it isn't looking like we are going to be buddies for a while. Now with their Hidden police stations, and political interference, it's even worst.
Anyways, I am for Canadian self-sufficiency, as FAR as we can take it. Exporting as much as we can, and importing as little as possible (like China did), while producing what we need. We DON'T need 20 different copies of the same product. That is called hyper-consumerism, and it is the MAIN reason why the earth is dying. We produce too much garbage so that idiots can have a new smartphone every 6 months, or buy clothes they wear once.
Canada doesn't need to be self sufficient.
U just need the US to be self sufficient.
Canada is independent country only officially.
In geopolitical terms u are part of the US
Canada is not self-sufficient. It had to buy covid vaccines like most other countries. A self-sufficient country wouldn't have needed to do that.
Canada is just an unimportant small country with no influence in the world, and Canada's voice is not important
Canada is the only country which can't live without US.
Rest of the world think canada as 51st state of USA....your political follow what USA say.
Of course, Western countries can disentangle themselves from Despotic China. The real question is: Do they have the will to do this? It's now cheaper for Western companies to manufacture products in Thailand, Malaysia, Vietnam, or even India.
Despotic??? You clearly haven't got a clue about China. Maybe try visiting China instead of sitting in your house being propagandized by the likes of the BBC.
Then you can see for yourself why the living standards and life expectancy of the Chinese continues to rise, whilst it is the opposite in your country.
Funny how you are happy looking for cheaper labour in South East Asia whilst calling China despotic. You can't even see your own hypocrisy 😂
It’s also about selling not only producing.
@@tobiwan001 True.
And the shareholders get richer. Bugger the workers. Lol.
@@mikelloyd520 True. Shareholders have way too much power.
Its a naive idea that China needs to run like the west to be good enough. While infrastructures and social coherent are crumbling in the west, China is doing better than ever in almost every metrics.
The West and the US need to bring back the factories, accept a bit of socialism, lower the greed of the bosses, and care for the poor and workers ... to become less entangled in globalisation then things will get better. The idea of exploiting and shipping all the pollution to poorer parts of the world is now looking unsustainable.
They should respect other countries and their value
Western value is not absolute in the world
Majority of the people in the world has different value compare with the Western one
Not as long as the greed of organizations like Tesla, Apple, Hollywood and Professional Sports keep taking precedence over basic human rights.
U actually think we care about human rights?
No most those countries have begun to leave China. Tesla is going open up a massive planet in Mexico.
@@nukiolbartes6279 NO, and that is the point. Can you not read?
@@Obliticus what i read : “as long as greeds of organizations taking precedence over basic human rights”
My question : so u think they should becos we should care?
We havent cared about human rights of others for the entire human history. What makes u think we should?
@@nukiolbartes6279 it's called morality, idiot.
🇺🇸: UK - when I bark anything anti-China, bark along with me.
🇬🇧: Yes, master! Woof woof woof!!! 🐕
😂 Absolutely 💯
I couldn't have put it better myself.
Probs more like
🇬🇧: Me and all our former EU lovers need you to back sending planes in to Ukraine
🇺🇸: alright but it'll cost ya, when I bark anything anti-China, bark along with me.
🇬🇧: Yes, master! Woof woof woof!!! 🐕
🇺🇸: also you should privatise your health system and continue to allow banks to get away with mass fraud cause it's working out great for us
🇬🇧: Yes, we're corrupt as shit too
This sounds a lot like when Europe laughed off the idea of not doing business with Russia....
We must
Why should they?
When a nation has declared its animosity and intent to destroy your way of life, that's a hint that economic entanglement is unwise.
Now why would China have animosity towards Britain? Was it China that stole Hong Kong? Was it China that perpetrated the Opium War on Britain? Do you blame their animosity?
U talking about the Opium wars?
@Shimra Then I guess you agree with the poster? BTW.. China poisons people with fentynyl. They are far from innocent
This makes perfect sense. Liberal academics will never see that though, lol
@@OliverInternational Like Europe's dependence on P00ti's gas, you mean? Deng Xiaoping was much wiser than Xi Jingping, who is belatedly trying to slip the dagger back into the sheath.
That's what it happens when you send your manufacturing to countries that don't share democratic values such as chína and vietnàm
The west doesn't have power any more it's time to Asia, Africa, Middle East and South America China is the leading power
What's democracy? Corporate and Israeli control?
That's what happens when you declare capitalism has beaten communism in the 90s and while propping up your capitalism with a cheap labor in communist country hoping they'll destroy their country by becoming a democratic capitalist country and not be able to rival you.
Lol..democratic values😂😂
@@user-ph5dz7dw2j at least normal human morally acceptable values
We shhould be able to de couple when needed
Sure! But at what price!?
Maybe Western Fatties should go on A Diet!😅
Billionaires are Traitors
Economists are mostly willfully ignorant on the dangers of China, this is still a problem for us today.
What dangers
@@vlatkoangelov5954 Educate yourself, then you'll know.
@@patlecat you are ignorant to tell me to educate, you don't know me, what dangers you have against china, explain
@@vlatkoangelov5954 if you don't know then this is evidence of your ignorance. But maybe you don't like facts so much but only opinions?
@@patlecat spread your propaganda free, I don't care
It's unlikely that the west can now disentangle themselves entirely from China. The west has benefitted for decades from cheap labour costs in manufacturing goods in China. If there is any change to that it will be because companies have moved manufacturing to other countries like India or somewhere else that has cheap labour.
Update your understanding. Chinese industry has long ceased to rely on cheap labor. The main reason for low cost is the complete supply chain system and huge scale.
@@xinbozhang7206 Respectfully agree
It is not cheap labours the west got from china. china has many refined materials supply to the west. The west move their factories to china to pollute the chinese soils , so the west can have clear airs and waters. They move very little away to india, yes they move the lowest standard stuffs to vietnam and bangledesh. But these lowest standards factories in vietnam,combodia, bangledesh are chinese owners. The chinese have a better system and discipline work force, the west can't replace. Any way the bottom line is that western companiese can't exist without the chinese markets.
@@freeworld88888
You underestimate the ambitions of the west.
It happened with USSR, Russia and it will happen with China. Supply chains will move to other countries
China is no longer a cheap source of labor for the West. Plus, with the Communist party cracking down on social politics, it's getting more and more difficult for Western countries to do business there. They've already started placing manufacturing operations in other countries. Too bad it's not their own countries.
What's sad is African nations that think China and Russia are their new pals, or even Asia neutral nations that should no way better. China and Russia are the two most inward, racist regimes/cultures on the planet right now one could easily argue. I mean look at the facts, putin is attacking his slavic neighbors killing them in an active genocide. Xi would do the same to other Asian neighbors, look at the Uyghurs. These countries are ancient but they never grew up like the west did in fundamental societal and civic ways, ahem human rights. So if Africa thinks they can trust them, good luck and make a plan B and C and D.
Yep
Do you think Africans are idiots? Do you think Africans will forget the misery brought to them by the West? The West thinks itself democratic, but it has brought the greatest suffering to Africa. Now, when western politicians come to Africa, they bring nothing to Africa except arrogant speeches. Africans will have their revenge on the west one day
hey western propaganda, i like how you are just splitting bs. tell me what has the west done to africa. over the last 2 centuries, the west colonized africa, stole all of its wealth and treasures, exploited them of their resources, killed millions of innocent people like king leopold in the congo, enslaved 100s of millions and basically destroyed the continent.
Meanwhile, the chinese actually care about the africans. China has built a lot of infrastructure that creates job, provide income and allow african countries to prosper. their loans are at a much lower interest rate than those from IMF and WORLD BANK. Most africans prefer the chinese over the americans or europeans. Thats the hard truth, deal with it.
Look at the middle east as well. America has been bombing countries and destroying them while china has been building infrastructure and fixing them. just look at iraq, afghanistan, syria, libya and yemen. China wants peace and prosperity while the USA wants war and destruction.
Thanks for posting.
I have an idea, why don’t western countries limited trade to just between themselves? That way the rest of us don’t have to listen to this pontificating BS on a daily basis.
how? everything is made in china
The west does not have the mass production infrastructure to come close to balancing the supply and demand for goods, let alone the expertise and labour. Inflation will run out of control, people will lose their jobs and investments, with interest rates through the roof while stuck in a stagflation hell. For the west to try to match Chinese production, we would need to throw out all our emissions policies and goals because clean energy cannot support the level of production that China does for the west.
@@daniloferreirac7939 then don't complain. It's easy as that. You either trade or don't.
@@kunalnagarkoti4409 ain't nobody that dumb. You either do it or you don't. Yes , there's consequences. You want to sanctions China and trade with China? What do you expect from China?
And where will you get the natural resources you need to make the things that you want to trade amongst yourselves???
Westerners can be so arrogant and so stupid at the same time 😂
The more accurate question is “does the political and social will exist for the west to disentangle itself from China?” In the US we could disconnect from China tomorrow and be fine. We won’t though because it would cause short term pain and politicians can’t survive short term pain on their constituents that can be blamed on them.
Yea, I wouldn't worry about it too much America is the consumer market you want. The rest of world block China from entering their markets and their markets are really small. So when they say west they mean America.
@@Madame702 yeah pretty much, and again we could cut China off we don’t need them in the way they need us. However the endless supply of useless junk not showing up at target and Walmart isn’t politically expedient in our apathetic voter base. Long term consequences don’t seam to register against the instant gratification.
Lol you sure the US can? You know the trillions of investment by the Americans in China?.
Yes, let China do whatever it wants as long as we can make money with them. That’s what is being said. Prove me wrong.
We should also disconnect from Europe. Let them deal with Russia and protect themselves….In todays day and age, there ant no such thing a a loyal Ally
why do you always want to reform other countries other than your own ??
The UK just needs to stop complaining since they don't have the will to be neutral but follows the orders of the US!
More easily than one might think. There is a heavy cost to trading with China. The products are often inferior, intellectual property theft is more than common and favoured trading status - and it’s associated economic dependence - come with political strings. Chinese tourism - a corollary of the economic relationship- is weaponised, increasing the capacity of China to exert unwelcome political pressure. Covid did us a favour in breaking some of those links. We should not restore them.
Agreed
UK product is the worst! Expensive and not working.
Covid was a failed bioweapon attack on China that rebounded into a global pandemic. No favour there but a hastening of the US decline.
你們為什麼不自己製造？
What good is an agreement with the country that will disregard that agreement. That's like the scene where Darth Vader says I'm altering the deal pray I do not alter it further. This whole thing is about economics and security. Who in their right mind trust Chinese government?
I do trust at least more than the USA 😂
China is the largest trading partner of over 130 countries. If they are not trustworthy, how did these transactions come about?
I don't trust them, at all. But please let me know someone I CAN trust in today's world.
@@stunstar4553they target desperate countries with predatory deals. Look at what they're doing in Africa. They are the loan sharks of the world, and they have people like you to defend them.
Things fall apart.
Go ahead, disentagle. China knows Africa is the next big thing and it's getting the head start there.
Disengage from china on critical and national security infrastructure like the energy sector, IT sector, military sector, etc. Keep the trade on for other stuff like shoes, toasters, hair dryers, etc.
For once the BBC gives an accurate and balanced report on the economics of UK China relations. Jim O'Neill is exactly right here and I also agree with the American chap at 6:10 as an intelligent way forwards. We want to stay friends with both countries and we should enact free trade for all consumer and industrial products. Keep the military out of it though and focus on civilian industry, which in particular the UK has a leading role in the development of AI and so does China. Pool our technologies and we could make some serious money. By the way, I love the Chinese people. They are so peaceful. I think their culture would have a really good influence on us.
If the western power respect other country and their value
There will be no conflict in the world
But the real situation is the Western power always look down on other race including Russia
⭐️🌟 In line with America's decoupling strategy with China, instead of relocating its supply chain to India or Vietnam, Foxconn and western corporations should consider to come to Malaysia 🇲🇾 !!
We are a former British colony and a capitalist democratic country. We share the same universal values with America and western democracies. We have Free elections, a Free media, and Free Internet. Google Facebook WhatsApp users have unrestricted access here! Unlike China.
Our entire population is well versed in English and tourist friendly. Workers will be easier to train and have absolutely no language barrier with foreign managers.
We have many international schools for the families of foreign managers of international companies.
And we are not Anti-West or Anti-America like China! 😊
Also, foreign companies are not required to install "Political Party Committees" in their own company, unlike communist China.
Please come to Malaysia!
You won't be dissapointed.
Wow, BBC you're not like you anymore.
The UK did not want trade with Europe. The US has turned hyper-protectionist. And China was never a level playing field. What were they thinking?
😂😂Broken like thiers king
Influence in Africa would determine the coming era giants.
Because Africa has vast land , cheap labour, lot of natural resources etc .
Instead china , Africa is an excellent candidate of factory of world .
Space or moon may be next ground of earth’s factory .
The moon or Mars is bigger. Go there.
Look at London that messy entangle😅
Do you have time for joking others?!
Aesus
自言自语，别出去给中国丢人了
@@jerrytom5841 你去发展一个内循环经济吧
@@jerrytom5841 you are AIed
Fan here in the Philippines 🌴
They can't,otherwise it could have been done already.
Otherwise US officials don't need to beg China for meeting.
I think the UK is not doing a favor to China by trading with it. I expect UK to change it behavior rather than China to change.
Can we? Admittedly it would be hard. But should we? The answer would be yes.
''yes we can''
as a Indian I just laughing at UK situation 😂😂
中国人也一样😂
As an Indian, you're probably still cheering for Russia, so your opinion doesn't matter.
settle down your country is trash 😂 china would have steamrolled india already if it wasnt for the west you ungrateful swine
Don’t see why 😂 India has a large trade deficit favored towards China and there have been many border disputes in recent years. Not exactly great relations
A lot of Indians in UK
No to vaccine passports, mandates or lockdowns.
Yes to vaccines, Vaccine passports, Mandates and Lockdowns crybaby
Let nature rule?
I'm somewhat astounded at seeing pro-China anti-US comments presenting China as a nation of principles because its stance towards Taiwan etc didn't change (is it plausible?) and the US as lacking that principle for opening up to China, taking the risk, and having found out China's ambitions of ruling the world have ADAPTED their stance.
Trades lead to political reform???? Cheez, what does he smoke? Whoever thought like certainly does not have a second floor.
The head of UK, in China, in the 21st century, saying "we want to trade with China, as much of it as we can get". That must hit differently for the Chinese. I mean last time trades happened, Hong Kong ended up becoming British for 100 years xD
Don’t think the British government is allowed to trade opium anymore.
They can disentangle alright but they re going to have to reopen the industries they sent to China in the 80s, cant have it both ways
Exactly😅😅😅😅😅
Back around 2010, Newsnight presenter Evan Davies presented a BBC documentary about UK trade with China. The supposedly unbiased BBC presented Britain's historical trade with China without mentioning once Opium [like Fawlty Towers - don't mention the War]. 1/7 of Britain's export revenue from 1770-1907 came from forcing Opium onto China in the name of 'Free Trade'! Search also 'Jason Hickel India' for his article on how UK looted $45 Trillion from India and his article with Dylan Sullivan on the death of 100 million Indians in 40 years due to British colonialism (labelled as 'Free Trade').
Not if you keep offshoring all of our jobs and industries and importing hoards of cheap labour you can't
Besides ARM company, what techs companies based in UK and influence the world?
History has taught us: when you make friends with China 🇨🇳, it always takes advantage of you.
Utter nonsense.
The USA uses all their Western allies as their subservient lapdogs.
This comment is an embarrassment to common sense.
Ur history taught by gym teacher? 😮
Your history failed. You forgotten how many countries are stolen from the aboriginal.
@@Im-mono probably Yes Poor Falungong
Get lost.
The question should be can the politician leave the common people alone to carry on their businesses?
No.
I love the BBC China love fest 😂😂
Can BBC define "Western"?
"Anyone from anywhere in the world who resides in a white country." - the bbc
chicken tikka is western according to BBC? after brexit they store can's of it in case people will get food shortage including many food item that immigrant brought to UK lol
Europe America and Canada
@@Sumi_S and Japan do you know Germany and Japan socities are more similar than France and Germany societies ? Australia and New Zealand ?
@@user-ph5dz7dw2j Thus Japanese or South Koreans whither than Italians. These terms are idiots.
I would love to see that. No more cheap garbage products.
Yes, in the face of inflation that's causing starvation across the country, expensive products is what we want.
LOL broken promises with HK, hostility towards Taiwan and internal repression, leads to you not trading with them. That's quite a logic, dude. Just listen to yourself sometimes. Critical thinking.
Australia just recently won (read: comprehensively slaughtered) the CCP in a trade war which was, incidentally, started by the CCP themselves. Despite the CCP's determination to make an "example" out of Australia for calling for an inquiry into the origins of COVID-19 and supporting Taiwan (and the USA, UK, etc), their plan backfired spectacularly. Australian exporters were by and large easily able to diversity their markets and the CCP was left with major ongoing blackouts in many towns/cities (due to no Aussie coal) and many dissatisfied customers due to inferior non-Aussie goods having to be substituted in their place. Except for Australian iron ore, of course. The CCP was NEVER going to stop importing that (for obvious reasons).
In the end, the CCP came grovelling back to AUS on their hands and knees. Defeating them was a cakewalk for Australia. And we served as an example to the rest of the world on how to respond to the CCP and their (former, now "extinct") "wolf warrior diplomats" - another fine entry in the Great Book of Communist Failures.
Lol your fake news is easily countered with Google search
Go ask Australian wine producers, coal industry what Australia lost
haha you are so ridiculous
@@lisadsouza5061 Precisely nothing really. As I said, "diversified markets". Let me know when these industries collapse, of course, won't you?
@@houseofshuffles449 i agree with your strategy of diversification. But it still does not work though. Although australia was able to find new customers, none of them were willing to pay the high price that china did. Although australian coal and wine producers manage to diversify, their profit margin was cut into half and their share values came crashing down as well.
No
While we are asking this question, China has already in the past five years quietly got herself ready to totally decouple from US any time when needed. They are ready for cutting off from or by US for a whole range of strategic domains: manufacturing bases, supply chain, chip making and currency independence ....
China can NOT make its own microchips. At least not any good ones. The technology has been purposely kept away from them, so they've been trying to backwards engineer microchips, but they still haven't gotten it right.
China and chip making? Lmao, they rely on machines produced in the US/EU to get advanced semiconductors. China has spent 30 billion euros on trying to develop the technology for 8 years and gotten nowhere. The silicon for every semiconductor ever made comes from one mine in the Appalachian mountains because it has the highest purity silica anywhere in the world, that resource can be cut off instantly. Keep dreaming.
What will all those millions of Chinese employed in western companies factories will do?
This will not happen anytime soon. The only true guarantor of stability has proven to be mutual dependence. China is holding the US debt while the US and Europe are keeping hundreds of millions of people in China employed.
Neither side can untangle without crashing the backbone of Global Trade. The repercussions would be apocalyptic. War would follow as the weakened hegemonies scramble to establish colonial dependencies. If this happens, China's first move would be to seize Taiwan and send the Western World back by literally 100 years in terms of technological development, due to the semiconductor factories that would be denied to the isolated Western market. Nukes would fly in retaliation.
The issue is that the Chinese Leadership has already outright stated that they 'reunify' Taiwan in the next couple of decades and there is a matter of 'face' involved at this point. Do remember, one of China's economic goals is to become as economically independent as possible while making the world as economically dependent on it as possible. They aren't looking for a codependance scenario.
Don't get me wrong. I am not saying the US hasn't used the same tactics to push it's own agenda. I am just saying that China isn't interested in mutual dependence and wants Taiwan regardless. It will take a lot more than the threat of some economic loss for China to be convinced to leave Taiwan alone. The whole situation is a mess and all parties want to be the ones on top and in control.
The Western market still can make their own they make 3-7% at home.
Like the mutual dependence with Russia? 😂
NO
Lord knows we need to or else we’re going to end up in the same situation that companies are in using Russian oil but x 100.
Need to decouple from the CCP
who going to pay the cost you? it'll be worse than 2008 crisis where 11000 student couldn't afford to go to university
Wonder how that will work
You can`t build a bulb but you want to decouple. Stfu.
Okay western sheep, I dare you to try ASAP,
Revoke HSBC bank licence in Hong Kong.
All this shite to save the dollar
Decoupling is like a marriage broken. When marriage are out of romance people want divorce. But they tends to forget we still have intimacy within us to sustain and children to take care of. We are families who wanted a world as a whole integrated economy system or we loss our share of benefits. 1+1vcan be higher than 2 but if you brake it down disappointment follows.
Wowwww since when do we bully the UK? SERIOUSLY?! we are always for you guys even when you do dumb shit like Brexit. 🇺🇸🇺🇸
How's Hong Kong going for you all?! 😂😂