Paper Titles & Abstracts

UK is one of the most important countries for China in the European continent. UK was also one of the first major western countries to fully recognize the PRC and last year both the countries celebrated the establishment of 40 years of diplomatic relationship. On 13th March 1972, both the countries established ambassadorial level relationship however much before that in 1954, a Sino-British semi-official trade body was formed to promote the economic and trade relations between the two countries. Though there are divergence of views on some political and international issues including Human Rights but both the two countries are keen to develop their trade and economic relationships. Although the total export from the UK to China in 2011 was only around £13.78 billion, but the two countries have agreed to push the bilateral trade volume to USD 100 billion by 2015. UK was the biggest European country in 2011 to invest in China. Bilateral trade between the two countries has been growing over 10% every year in the last few years however there is huge potential and opportunity to do much more. In service sector is not tapped comprehensively yet, where UK is stronger than China. UK is also the global economic and financial hub and one of the most important European destinations for Chinese investors. How is UK going to attract Chinese investment and foster bilateral ties in the coming years? Will political problems including Tibet, Xinjiang, Taiwan issue be a factor in hindering the bilateral business links or will a better corporate tax, open society, sound legal system, fair market and transparent system in the UK foster the ties? In this paper, the author would delve upon all these issues.