British Prime Minister Theresa May Will Visit China Later This Year
Girish Shetti | | Feb 08, 2017 05:27 AM EST |
(Photo : Getty Images. ) According to Theresa May's aide, the British prime minister will visit China later this year to foster trade ties.
British Prime Minister Theresa May will visit China later this year as Great Britain tries to cement its trade relationship with the Asian giant before officially divorcing the European Union in the coming months.
The news was confirmed by May's aide, who did not reveal much information about the upcoming visit. However, close sources claim that the British Prime Minister could visit China in the month of May to attend the new Silk Road summit. She is expected to also hold a meeting with Chinese President Xi Jingping on sidelines of the summit.
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However,10 Downing Street, headquarters of Government of the United Kingdom, is yet to confirm the visit.
May visited China in September last year to attend the G20 Summit, where she also held a meeting with President Xi. But the visit did not yield any major positive outcome due to the Hinkley nuclear project controversy.
May postponed the Hinkley nuclear project immediately after taking the office, citing security concerns over Chinese investment. Although she approved the project in September, the decision to postpone it casted a great deal of shadow over the bilateral relationship between both nations.
The decision especially created a great deal of uncertainty over UK-China trade relations, which was already under a great deal of pressure due to the Brexit issue. Several Chinese ministers had even warned that the decision would prove detrimental to Chinese investment into the country.
As part of the damage control, May wrote a special letter to the Chinese leadership in a bid to ease the tension. The letter, which was written almost a month before the deal was approved, called on both countries to improve trade and diplomatic ties.
Ties between both countries, especially trade relations, have strengthened over the years. Both countries have invested a great deal of money in each other's economies, which has become a vital facet of their bilateral relationship.
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