Saturday 24 February 2018

Nicholas Leonard: Despite its damaged reputation, there are people willing to invest serious money in Britain

Nicholas Leonard

If Brian Cowen wants to have a chat with David Cameron this week or Brian Lenihan fancies a few words with George Osborne, then they need to make a note of this international dialling code: 00 86 10.

That will connect them with Beijing, where the British prime minister and his chancellor of the exchequer, along with other key ministers and 50 top business people, will be meeting the men who run China this week.

The sheer scale of the statistical facts about China is as difficult to grasp as the billions of euro, pounds and dollars involved in the banking crisis. Seen from the perspective of the island of Ireland, with its population of 6.2 million people, for instance, the United Kingdom looks like a large nation with 10 times that number of inhabitants.

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