October 4, 2024

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The UK says China’s growth depends on following the rules

The UK says China’s growth depends on following the rules

British Foreign Secretary Liz Dres in London

By Andy Bruce

LONDON (Reuters) – Britain’s foreign secretary Liz Truss warned on Wednesday that China’s growth as a superpower would be curtailed if it did not comply with global rules, and said the West needed to make sure Taiwan was protected.

Truss said measures to renew calls to strengthen NATO and isolate Russia from the world economy in response to the Ukraine invasion prove that market access in democracies is no longer automatic.

“Countries must follow the rules. That includes China, ”Truss said in a speech at the Mansion House in London.

China’s economic and military development over the past 40 years, culminating in the Cold War with the collapse of the Soviet Union in 1991, is considered one of the most important geopolitical events of recent times.

But continued growth is inevitable, Truss said.

“If they do not follow the rules they will not continue to grow. China has to trade with the G7. We (Group of Seven) represent half of the world economy. And we have options,” he said.

“We have shown with Russia what kind of decisions we are prepared to make when international rules are violated.”

(Report by Andy Bruce)

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