XXXVI. on the Sino-British trade deal

The deal has been announced, a £40bn deal concerning exports, imports, £40bn, steel, nuclear power plants, worth £40bn. It is rumoured to be worth £40bn. The trade deal signed between Britain and China — between David Cameron and Xi Jinping — has just been announced, and it is given the value of forty billion pounds. Immediately, there are two obvious and ignorant questions posed to the P.M. for making this deal: 1) They are the bad guys, what about their human rights? 2) What about British industry?

1; their human rights record is atrocious; indentured servitude, widespread abuse, life is cheap, infamous working conditions. Mr. Cameron‘s own answer is valid — that you can have a trade deal while continuing a frank discussion about human rights — but truly, and perhaps callously, it is irrelevant. The question implies that we not only have a responsibility to improve their human rights that includes sacrificing our own country’s wealth, but also that their human rights problems are a black hole which cannot be fixed through friendship. Take Russia, for example; after the Cold War, with connectivity, the emerging market, the collapse of the Berlin Wall, their human rights have improved drastically. Now, most would argue that there is still room for improvement, but they are on the right track. The same will happen with China.

2; the understanding that economics is not a zero sum game goes some way to argue against this, but the main problem is our (ever increasing) minimum wage. Jeremy Corbyn made a fuss about this. British industry has been an impossibility for decades, now, even before Labour‘s insane push to try to prop the mining industry up. The bottom line is that industry will move forward, and if the law literally disallows the people of this country to compete with international labour costs, then unskilled industry will move forward without us.

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