🧊 From Icebreakers to Innovators: A Cross-Generational Bond
Stephen Perry, honorary chairman of the 48 Group Club, traces his family's deep ties with China to his father Jack's trailblazing visits in the 1950s. 'My father was shocked beyond all imagination,' Perry shared, describing how early Western entrepreneurs like Jack prioritized building trust over profits. Their mission? To forge 'a wealthy society and longer-term relationship' during China's transformative post-revolution era.
🛤️ 1970s China: A 'Transformative' Awakening
Perry's first trip in the 1970s revealed a nation 'absolutely amazing' in its modernization drive. 'The determination of the Chinese people left a lasting impression,' he said, contrasting his experience with his father’s early challenges. Both generations witnessed China’s 'progress amid adversity.'
⚡ Trade Tensions: 'A Lack of Imagination'?
Addressing current EU tariffs on Chinese EVs, Perry didn’t hold back: 'Europe lacks the power and imagination to truly compete.' He criticized protectionist policies as short-sighted, arguing they ignore decades of mutual growth. 🔋 His solution? 'The UK needs to reposition itself with China' through dialogue-first strategies.
🤝 Labour’s Potential Role in UK-China Relations
With a nod to upcoming UK elections, Perry suggested a Labour government could adopt 'more constructive' trade policies. His vision? Balancing ties with the US while embracing China’s 'wealth of opportunities' through cultural understanding and fair competition.
Reference(s):
A long term relationship both personal and commercial: Leaders' Lounge
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