UK-China business: post-Brexit outlook

Dear Members,

Following the outcome of the EU referendum, the British Chamber of Commerce in China (BritCham) and China-Britain Business Council (CBBC) remain confident about the prospects for the UK-China trade and investment relationship.

Tremendous opportunities exist for UK companies across China in a wide range of sectors. The UK remains a welcoming destination for Chinese investment. And there are ever-growing opportunities for partnerships between UK and Chinese companies around the world, not least arising from the Belt and Road initiative. BritCham and CBBC will continue to work with our members in all of these dimensions to help identify new opportunities and build upon existing links.

The success of UK companies in China is built on deep foundations of innovation and technological capacity, creative and trusted brands, and partnerships that have endured and flourished over many years. These are qualities that are respected and embraced in China, and will continue to drive business relationships long into the future.

The UK is also a long-established destination for globally-minded Chinese scholars, travellers and investors. Again the factors that drive this attraction – outstanding schools and universities, cultural heritage and storied history, corporate transparency and rule of law – remain unchanged.

Despite the current uncertainties, we wanted to share with you our positive outlook on UK-China trade and investment. BritCham and CBBC’s teams will continue to draw on more than 60 years of experience of supporting UK-China trade by offering the relevant practical advice, networking and support that you, our members, value.

To help shape our future work, we will soon undertake a member survey and hold a number of roundtable meetings in the coming weeks and months.

Yours faithfully,

Clare Pearson                                                                                                        Stephen Phillips
Chair                                                                                                                        Chief Executive
British Chamber of Commerce in China                                                     China-Britain Business Council