Chinese President Xi Jinping heaped praise on Britain for what he called a "visionary and strategic choice" to strengthen commercial ties with China, as he prepared for a state visit to the United Kingdom that's expected to be richer in pomp and considerably warmer in tone than his recent trip to the United States.
The trip comes at a time of global anxiety about China's slowing growth. Xi himself acknowledged "concerns about the Chinese economy", but sought to allay them in a written interview with Reuters.
China itself is worried about the slowing of the broader global economy, Xi said, even while he expressed confidence that China would weather the current downturn as it reshapes its economy to be more resilient in the future.
That confidence will be on display when Xi arrives in London on Monday evening to kick off a four-day visit that is expected to cement ties between Britain and China, including through a host of business deals.
"The UK has stated that it will be the Western country that is most open to China. This is a visionary and strategic choice that fully meets Britain's own long-term interest," Xi said in a written response to questions from Reuters.
The trip comes at a time of global anxiety about China's slowing growth. Xi himself acknowledged "concerns about the Chinese economy", but sought to allay them in a written interview with Reuters.
China itself is worried about the slowing of the broader global economy, Xi said, even while he expressed confidence that China would weather the current downturn as it reshapes its economy to be more resilient in the future.
That confidence will be on display when Xi arrives in London on Monday evening to kick off a four-day visit that is expected to cement ties between Britain and China, including through a host of business deals.
"The UK has stated that it will be the Western country that is most open to China. This is a visionary and strategic choice that fully meets Britain's own long-term interest," Xi said in a written response to questions from Reuters.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%