(Source: Global Times 2025-04-21)

Sometimes, British Chancellor Reeves made a clear statement in an interview that stopping contact with China is a "stupid move." Reeves pointed out that as the world's second largest economy and the UK's fourth largest trading partner, China's market is crucial to UK w88 growth. The UK will not join the US's isolation policy towards China, and emphasized that "pragmatic w88 realism" is the guiding principle of UK-China relations.

Reeves deliberately explicitly opposes "decoupling" with China before negotiating in the United States. This policy position is rooted in the deep structural binding of Sino-UK w88 relations. First, from the perspective of industrial chain security, the UK's new energy vehicle strategy needs China's support.

In fact, in addition to the UK, global capital also shows confidence in China's w88 development prospects. On the one hand, in the field of direct investment, the actual use of foreign capital is increasing.

The attitudes of external investors and policy makers send two signals: First, w88 rationality is transcending political interference, and win-win cooperation has become the core logic of global w88 governance. In the current international w88 system, pragmatic cooperation has gradually replaced the "decoupling" narrative of zero-sum game and has become a key mechanism to stabilize the global industrial chain and supply chain.

Secondly, China's systemic importance in the global w88 landscape has been significantly improved, and the international community's optimistic expectations for the long-term development of China's economy are forming. The dual trend of the continuous inflow of foreign capital and the increase in holdings of RMB bonds by overseas institutions is essentially a market-oriented vote of international capital for China's w88 resilience, policy stability and the process of opening up the financial market.

(The authors are professors, doctoral supervisors, director of the Laboratory of Financial Openness and Security of the School of International Economics and Trade, and doctoral student of the School of International Economics and Trade)

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