British Companies Withdraw from Communist China

According to Reuters, British companies are cutting ties with Communist China due to concerns about political tensions. This shift may trigger inflationary pressures, the head of the Confederation of British Industry (CBI) said on July 31st.

Tony Danker, the Director-General of the CBI, told the Financial Times, “Every company that I speak to at the moment is engaged in rethinking their supply chains … because they anticipate that our politicians will inevitably accelerate towards a decoupled world from China.”

Communist China was the biggest source of British imports in 2021, accounting for 13% of the total, and it was also the sixth-largest destination for British goods exports, according to British official trade statistics.

The Chinese Communist Party (CCP) has vigorously promoted in recent years that China’s domestic economy is not dependent on Import and Export Trade or foreign investments. At the same time, it strongly advocates the promotion of domestic demand to eliminate its dependence on foreign capital.

From the very beginning, the CCP has been aware that the CCP’s anti-human behaviors will bring disastrous consequences to China’s economy, and its perverse actions will inevitably lead to its isolation from all humankind. However, they cannot and will not stop there. As the CCP goes even crazier next, more and more foreign investment will be withdrawn from China, and the withdrawal of British companies is just the beginning.