Britain and China ‘partners in growth’
Osborne offered a message of solidarity with the far eastern giant in the wake of the summer’s Asian financial meltdown, which saw prices in Shanghai slide by 8.5% in a single day.
He said he had specifically chosen the “epicentre” of the financial turmoil to deliver the keynote speech of his five-day tour of China in order to drive home his message that market volatility should not get in the way of Britain developing closer financial and commercial links with a country whose economy had grown 20-fold since his first visit as a backpacking student.
