Britain's future economic challenge
James Forsyth 1:15pm
Wen Jibao’s performance at today’s press conference was typically diplomatic. He declined to say that the UK was going too far in Libya and was emollient on the question of human rights. But his honeyed words can’t obscure the true nature of the Chinese regime.
But Wen Jibao’s presence here was also a reminder that the economic competition Britain is going to face in the future is going to come increasingly from the east. If Britain is going to thrive in this world, then it is going to have to produce a huge amount of intellectual property.
It is in this context, that Michael Gove’s educational reforms should be seen. It is noticeable that Gove’s announcement today of bursaries for students with firsts to train as teachers places the greatest emphasis on maths, physics and chemistry — the building blocks of innovation.



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Ed P
June 27th, 2011 1:45pm Report this commentDespite their obvious limitations (is, the Lib-Dems), we at last have a government that values serous education, science & engineering.
IP is best kept away from China - it has a tendency to leak out and products are copied rapidly. So, yes, we should concentrate on improving the UK's IP, but not in partnership with Wen.
Tiberius
June 27th, 2011 1:51pm Report this commentYou're right to highlight maths and science, James, but Britain also falls behind in managerial skills, which can be bolstered by proper study of English, history and foreign languages.
Jez
June 27th, 2011 2:04pm Report this comment"But his honeyed words can’t obscure the true nature of the Chinese regime."
Could that be a regime that is very focused on China, the racial make up of that place, a deep sense of history- WW2, even back to the east India Company and the greatest trait of the Chinese; 'Face'.
As an opinion, for such a strong group of people, the CPR representatives when seeing people like Cameron etc, actually see in our present western leaders the same thing the slave traders saw in African tribal heads as they swapped the next consignment of their own countrymen for a mirror or a chair.
China is positioning itself for domination.... and good luck to them.
America has a $14+Trillion deficit. It is embroiled in foreign wars, the Greeks look as though they may be bailed out by the only economies that have reserves; the one of the two is China.
China is Macro in its approach and is looking for it position in a new world for (it could be said) the betterment of the Chinese.
Cameron & the Tories are looking out for their City buddies.
Great.
Charles Martel
June 27th, 2011 2:04pm Report this commentYou are more likely to get them to respect human rights than you are to respect intellectual property.
andrew kitching
June 27th, 2011 2:18pm Report this commentIndeed James. That's why it is so important to give teachers a good salary and pension (and Doctors and Nurses too). Many of the public sector pension schemes balance. The ones that don't- Local Government, Fire, Police etc. need sorting out., but the government needs to show that it values the professions.
TrevorsDen
June 27th, 2011 2:44pm Report this commentExplain those that balance Andrew, and how.
Rhoda Klapp
June 27th, 2011 2:46pm Report this commentGraduates with firsts to become teachers? Are they not over-qualified? Or are there actually no jobs for them in this country in their chosen field. If the latter, we don't need the teachers.
Justathought
June 27th, 2011 3:28pm Report this commentNiall Ferguson in his series 'civilisation' spoke of six 'killer apps' that the west has; 1. Competition 2. Science 3. Property rights 4. Medicine 5. Consumer society 6. Work ethic (and I would add as number seven;Democracy).
By my reckoning China has 1 , 2 & 6.
Take property rights as an example. China still have no comprehensive system of registration that is fair and transparent.
Verity
June 27th, 2011 3:36pm Report this commentAndrew Kitching ... what's that got to do with the price of tea in China?
potager
June 27th, 2011 3:52pm Report this commentYou obviously feel you can speak as an expert on China,James.I fear your opinions reflect a Western stereotypical view of the country.You give no credit to the Chinese leadership for the huge strides made in terms of economic prosperity, health and education of the population.There is a focus in China on reaching the standard, in terms of infrastructure and lifestyle, of the most advanced countries of the West.
Please note also that the Chinese people, with very few exceptions, are fiercely loyal to their country and proud of its achievements.
On the specific issue of human rights, it is not at all clear that we in the West have achieved the right balance between the rights of the individual and the needs of the majority.
Your view of China is simplistic and rather patronising.
Verity
June 27th, 2011 6:30pm Report this commentHas anyone else noticed what an unfortunate photo this is? They look as they they are shackled to the podia by wide wooden arm restraints. Maybe it's to prevent them signing anything in the absence of voter approval.
DZ
June 27th, 2011 6:39pm Report this commentIt strikes me as peculiar that the moneylenders have become the heroes. Moneylenders only help themselves.
oldtimer
June 27th, 2011 7:08pm Report this commentYou write:
"But Wen Jibao’s presence here was also a reminder that the economic competition Britain is going to face in the future is going to come increasingly from the east."
You are behind the times - and by about thirty years. The east, first Japan and the several countries of south east Asia and now China and India, has long been the source of competition for the UK and Europe. Have you never wondered why so many UK industries of yore have disappeared from our shores?
Jeremy
June 27th, 2011 7:18pm Report this commentA result. And a very assured performance by Cameron.
JohnBUK
June 27th, 2011 7:35pm Report this commentAndrew Kitching. I agree in terms of rewarding GOOG teachers and nurses etc better than the others. But of course the current union rules do not agree to that do they?
michael
June 28th, 2011 9:26am Report this commentIntellectual property ...the Chinese middle class have had their boots filled with cheap cheap copy copy, they want to enjoy the pukka gear. This (from here) being any product that can be successfully branded as quintessentially- english/irish/scottish/welsh, with the subsequent high perceptions of added value.
Biffo
June 28th, 2011 10:27am Report this commentYes, just think of all those things we could invent that the Chinese could copy.
Jez
June 28th, 2011 11:46am Report this commentWell said Biffo! :-))
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