2015-10-26economist.com

``The cash-strapped chancellor needs all the inward investment he can get, particularly in infrastructure and energy, and China seems keen to oblige... On October 21st the government sanctioned a £6 billion ($9.3 billion) investment by a Chinese state power company in a nuclear plant being built at Hinkley Point... with the promise of more nuclear deals to come. Mr Osborne also hopes to secure Chinese money for several projects in the development of a "Northern Powerhouse" of English cities--hence Mr Xi's side-trip to Manchester. In a further attempt to boost Chinese spending, the government has announced that it will cut the cost of two-year multiple-entry visas for Chinese tourists, who are particularly good at parting with their money in Britain.... [but] ominous was a drumbeat of criticism from Washington, where there are grave worries that Britain's kowtow is separating it from America and undermining Western resolve to stand up to China in regions like the South China Sea, and on questions of human righ''



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