As the Chancellor @RachelReevesMP touches down in Beijing, two lines are being used:
1️⃣ We need the money
2️⃣ We need China to defeat climate change
I can’t believe how little scrutiny these lines have received.
So, first: is China going to rescue the UK economy? 🧵
Let’s look at the evidence. The UK consistently runs a trade deficit with China (around 30-40 bn). We run a very slight (much smaller) surplus in services. @GovUK figures:

Whereas some other countries did derive major economic benefit from China’s rise, Britain didn’t, not even in the so-called “Golden Era” of 🇨🇳🇬🇧 relations. Despite all the concessions, the pot of gold never materialised. Old but good primer here: carnegieendowment.org/china-financia…
Musk is on a collision course with the 🇺🇸 Legislative Branch, and much of the incoming Trump admin over China.
Musk on Taiwan:
“…like Haiwaii, an integral part of China which is arbitrarily not a part of China”
The Hill just reported allegations from Democrats that Musk killed a bipartisan effort to screen US investments into China. thehill.com/business/50517…
Why might Musk say/ do stuff like this?
Could it be to do with his Tesla Shanghai gigafactory, upon which his car business depends, loaned to him by the PRC state, which allows a CCP controlled committee to shut it down, arbitrarily?
This is an extremely serious case - a major escalation in Beijing’s overseas influence operations. There are obviously questions to answer, and a full public inquiry should follow, together with major improvement in security offered to MPs who have bravely confronted Beijing.
Worth noting: this is a man who consistently briefed against @ipacglobal and its members, and who I believe subverted free parliamentary debate by downplaying the behaviour of the CCP. He worked to divide the movement - a typical CCP tactic - and he had success.
Problem with the Integrated Review section on 🇨🇳 isn’t the language (which has much to recommend it).
There’s some nice sounding stuff in there eg:
The problem is that there isn’t much we can elevate to what Robert Kennedy called the “dignity of policy”.
Let’s dig a bit.
The IR talks about ‘creation of dependencies’ (an explicit aim of the CCP). In 2020 @dominicraab commissioned Project Defend to address dependency. It was quietly dropped in 2022. Nobody knows why. The IR doesn’t reinstate it, doesn’t even hint towards it. export.org.uk/news/509100/Pr…
This is the right outcome but the wrong route to it. It ought to have been the UK taking action by labelling these thugs persona non grata, not merely asking China to act.
They assaulted someone in broad daylight and dragged them into the Consulate! 🤬