Brown makes first visit to China as PM; focuses on trade (Roundup)

NoharnessJan 18th, 2008 - 21:03:38

Oh this is gonna be good!

www.timesonline.co.uk/tol/news/world/asia/article3210689.ece

Snippet:'Gordon Brown has opened the door to billions of pounds of investments from China today by giving the go-ahead for its state investment arm to take stakes in British companies.

'During a visit to Beijing the Prime Minister agreed to a request from China to allow its sovereign wealth fund, which has a capitalisation of $200 billion, to begin investing in Britain.

'In a joint press conference with Wen Jiabao, the Chinese premier, Mr Brown said the move would bring welcome investment to Britain and urged the fund to choose London as the base for its first overseas office.

In return Mr Wen gave him both private and public assurances that China’s state investment company would meet British requirements for transparency and corporate governance rules and would operate on a purely commercial rather than a political basis.'

Just remember, folks! Where there's a whip, there's a way!

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For Richer or PoorerJan 19th, 2008 - 10:06:11

Folks, nations who acquire strong economic clout will be our partners, even if it means they are influencing our most fundamental of institutions. What we believe in be damned. Riches rule over principles.

Say it ain't so Britain, America, and all who abandon their integrity. Yet, hasn't this been going on for years? We are in their debt.

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NoharnessJan 19th, 2008 - 15:25:16

Where there is a whip, there IS a way. We WILL find the way.

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