Further enhancing UK-China relations | US economy grows at its fastest pace in four years | Finding new opportunities in the US

Posted on 2/08/2018 by DHL Express

Further enhancing UK-China relations

This week Jeremy Hunt travelled to Beijing in his first major international trip since his appointment as Foreign Secretary. The visit builds on the Prime Minister’s trip at the start of the year where new measures to improve market access in China and remove barriers to trade were agreed.

Speaking ahead of the visit, the Foreign Secretary said: “The UK and China are both major powers with a global perspective. As the UK leaves the EU and becomes ever-more outward-looking, we are committed to deepening this vital partnership for the 21st century.”

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US economy grows at its fastest pace in four years

Official figures show the US economy expanded at an annualised rate of 4.1 per cent in the second quarter – its fastest pace since 2014.

The Commerce Department showed exports grew by more than 9 per cent – the fastest rate since the fourth quarter of 2013 – and contributed more than 1 per cent to the GDP gains.

Whilst the report showed the US economy is accelerating, the gains were in line with analyst forecasts.

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Finding new opportunities in the US

Despite China being hot on its heels, the US continues to be the largest economy in the world – a title it’s held since the late 19th century. As one of the world’s largest, most international and diversified economies, the US accounts for almost 25 per cent of the global economy.

It also consistently ranks first for competitiveness and ease of doing business and is the world’s largest import market with top imports including electrical goods and computers, machinery, and vehicles.

So how do you get in on the action?

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