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Britain’s Department for International Trade for the first time set up a UK presence at Zhuhai’s air show, leading a team of seven mostly small and medium-sized companies in the hopes of tapping into China’s rising manufacturing ambitions. British Prime Minister Theresa May has said Britain wants a free trade agreement with China, as it tries to reinvent itself as a global trading nation after the 2016 Brexit referendum antique tiffany cufflinks uk sale. The air show coincided with a trade expo in Shanghai where Chinese President Xi Jinping promised to import more amid mounting frictions with the United States and others..
Zhuhai’s UK Pavilion “is a demonstration to our Chinese host that we are serious antique tiffany cufflinks uk sale. We put in quite a considerable sum of money to support this and that’s government money,” said Andrew Massey, deputy director for China in the aerospace and aviation division of the Department for International Trade. Many companies face uncertainty about post-Brexit trade relations with continental Europe, a major outlet for UK-made aerospace parts, and the status of regulation after Brexit..
“There is an element of Brexit forcing people to broaden their horizons which brings opportunity,” said Paul Adams, head of aerospace at consultancy Vendigital. Britain has the world’s second largest aerospace industry after the United States and is anxious to tout skills and knowledge antique tiffany cufflinks uk sale. Tangerine, a London-based consultancy that has worked with British Airways, helped design interiors for the CR929 display. Massey said British companies have also been helping the Chinese to fast-track the FAA/EASA certification process for its smaller C919 jet, which did not appear at this week’s show..
But their trump card may be an 11 percent drop in the value of sterling against the dollar since the 2016 Brexit vote, which has added a hard-nosed dimension to Britain’s global sales drive. One small British aerospace supplier told Reuters that even though it already sold in 55 countries, the Brexit referendum served as a wake-up call to push for more global markets antique tiffany cufflinks uk sale. “We’ve done nine exhibitions this year. Brexit is something that will happen and business will get round it but from our point of view we’ve done our first exhibition in Japan and China this year and that’s been very successful, and we’re pushing for markets around the world.”..
SHANGHAI (Reuters) – German car maker Volkswagen AG (VOWG_p.DE) signed what looked like a meaty deal with one of its China joint ventures this week at a huge new trade show in Shanghai to ship almost $9 billion worth of cars and parts to China next year. But it turns out the “Memorandum of Cooperation”, one of hundreds of deals inked at the China International Import Expo that wraps up on Saturday, represents business as usual for VW. Two sources close to the company and its FAW-Volkswagen tie-up said the joint venture would have imported the cars and parts with or without the expo to support its day-to-day manufacturing and sales operations, as it does every year antique tiffany cufflinks uk sale. FAW-Volkswagen did not have an immediate comment..