Yesterday I wrote two pieces related to the British economy, namely about
the 0.5% growth in the Quater to September, another quarter up, so allaying fears of a double dip; and about the PM and the Deputy PM's annoucement of £950 million being made available to British industry from the ear-marked regional funds.
I hadn't heard much from Shenzen previously, but yesterday I had 34 visits.
It is understandable. The Chinese like their money to be safely and productively invested abroad, and they definitely like hard-working and enterprising people, like themselves. As the Chinese economy grew at 9.1%, they have every right to watch how other nations are doing.
If Europe expects China and other countries to finance the debt, I feel they expect Europe to be more productive and competitive.