Employees work on an automobile air conditioning production line at a factory in Yantai in China’s eastern Shandong Province on May 15, 2019. (STR/AFP via Getty Images) According to the Financial Times , the head of the Confederation of British Industry (CBI) had revealed that thousands of British companies are planning to cut economic ties with China.
Tony Danker, Director-General of the CBI, said UK businesses expect relations between Beijing and the West to deteriorate further, with many British companies accelerating their efforts to shift business from China to other countries.
“Every company I talk to at the moment is engaged […]
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