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Free AccessUK: For Min Wang Holds Call With UK's Truss, Takes Upbeat Tone Afterwards
Wires and social media stating that China's Ministry of Foreign Affairs has stated that Foreign Minister Wang Yi held a call earlier today with his UK counterpart Liz Truss.
- Following the call the Ministry stated that Wang called for China and the UK to 'maintain strategic communications'.
- Relations between the UK and China have in recent times proved frosty:
- The offer from former UK Foreign Secretary Dominic Raab of a 'pathway to UK citizenship' for Hong Kong nationals holding British Overseas passports following the implementation of the National Security Law caused significant anger in Beijing, with the CCP accusing the UK of meddling in internal Chinese affairs.
- The UK agreeing to, then pulling back from a deal to allow Chinese firm Huawei to build the UK's 5G tech infrastructure caused consternation in Beijing.
- The formation of the Australia-UK-US 'AUKUS' military alliance - specifically intended to counter Chinese military influence in the Indo-Pacific - will be seen as a direct threat in Beijing.
- Despite these incidents, Wang stated after the call that he and Truss discussed 'broad prospects for cooperation in modern financial services, clean energy and digital economy', taking what appears to be a relatively upbeat tone.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.