UK jobs dependent on links to China
Our study for the China-Britain Business Council (CBBC), a business network interested in trade and investment with China, estimated the number of UK jobs that are dependent on economic links to China.
Our analysis focused on four areas of the economy:
- trade: UK production (and thus jobs) to export goods and services to China
- tourism: expenditure by tourists visiting the UK from China
- higher education: expenditure by students enrolling at higher education institutions in the UK
- foreign direct investment: investments in the UK by Chinese companies
We found that there has been strong growing importance to the UK economy from trade, tourism and higher education links with China in recent years, and estimated that there are over 100,000 jobs in the UK that are supported by links to China.