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Money newspaper - Great Britain wants to reduce dependence on China imports

11:35  22 may  2020
11:35  22 may  2020 Source:   de.reuters.com

Commerce: USA-China discussions scheduled for next week

 Commerce: USA-China discussions scheduled for next week USA-COMMERCE-CHINA: Commerce: USA-China discussions scheduled for next week © Reuters / DADO RUVIC COMMERCE: US-CHINA DISCUSSIONS EXPECTED NEXT WEEK ( Reuters) - Trade talks between the United States and China will take place by telephone next week, Bloomberg reported on Thursday, citing sources familiar with the matter. Chinese Vice Premier Liu He and US Trade Representative Robert Lighthizer will participate, she said.

Boris Johnson wants to change were the country gets medical supplies. British Prime Minister Boris Johnson has instructed civil servants to make plans to end UK’s reliance on China for vital medical supplies and other strategic imports in light of the coronavirus outbreak, The Times newspaper

On Wednesday, British Airways and Air Canada suspended all flights to mainland China , and Delta joined the growing Global companies were reconsidering their China strategies even before the trade war started. China ’s labor costs are rising, local companies are increasingly competitive and the

Outbreak of the coronavirus disease (COVID-19) in London © Reuters / TOBY MELVILLE Outbreak of the coronavirus disease (COVID-19) in London

London (Reuters) - According to a newspaper report, British Prime Minister Boris Johnson wants his country's dependence on major medical supplies and other strategic goods from China.

The preparations for this went under the code name "Project Defend", reported "The Times" on Friday, citing persons familiar with the plans.

Accordingly, the most important economic weaknesses in Great Britain are to be identified first. This is part of a broader new approach to national security. At the end of the day there could be a "return" of important production capacities, such as for medicines, which the government supports. The project is being led by Foreign Minister Dominic Raab, the paper writes.

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