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China is doing what the Arabs have done for decades
They are investing in Western infrastructure as they see it is more stable than investing in China
The Chinese are spreading their investment capital for guaranteed returns
Essentially moving their eggs to different baskets
A very inscrutable way for the Chinese to behave.
They are nobody's fools!!
China has massive economic bubbles building up in their home market
The biggest one being their Shadow banking service
As such the Chinese are building up resilience in other markets.
The UK will receive more Chinese investment as the UK is considered a very stable economy even with Brexit
Indeed Brexit may encourage additional investment from China and many other economies.
Good news for Wales!Approximately 1 million sq ft of office space has been transacted in the first half of this year - largely dominated by Aston Martin’s acquisition of 400,000 sq ft at St Athan in the Vale of Glamorgan.
The luxury car maker, which is creating 750 jobs in a £200m investment, will opens its new factory for its DBX crossover vehicle at the former MoD hangar next year.Full/source story
So the UK is destined to make high value low volume products for the Chinese elite and other elites round the world.
Not sure this will keep the UK going
All those ex steel workers will be facing what has happened to those in the North
An economic desert for 40 Years or more.
The Yanks have not allowed China to dump cheap steel
They have increased tariffs to protect their own strategic industries
Shame the UK doesn't do the same thing.
Free trade is pointless if in doing so it devastates the home country.
The Chinese Govt massively subsidises their steel and yet the Tory Govt which refuses to subsidise will allow another Govt via their subsidy to destroy our Industries.
It makes little sense to not subsidise as welfare will increase to pay for all the out of work former industry workers
A whole economy and industrial base sacrificed on the false benefits of a free market.
Move over London and the South East!The Western Isles, also known as the Outer Hebrides, have soared above their more affluent rivals to claim the position of the UK’s hottest property spot, according to official government data.House price inflation in Scotland’s Western Isles is at 31.5% compared with national average of 8.3%, says official index.Full/source story
One of Britain’s most prominent property data companies says homes near London Underground tube stations with 24-hour trains will see a price uplift of as much as 10 per cent.
Dataloft - the consultancy which made the claim in research undertaken for online estate agency SellMyHome - says there will also be increased demand for private rental properties near the 24-hour tube stations, because overnight trains will be particularly popular with students and young professionals which make up much of the lettings sector.Full/source story