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Osborne Desperately Seeking Greater Chinese Fool

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UK VISA RESTRICTIONS RELAXED

"...the [visa] system doesn't entice enough high-spending travelers from China.

Treasury chief George Osborne announced the changes to simplify and speed up applications as he led a British trade delegation to China.

Chinese visitors heading to Europe frequently choose not to stop in Britain because they have to apply for a separate visa from much of the rest of Europe, which comes under the passport-free Schengen zone."

Commenting on how this might help the government in its bid to keep London property prices at insane levels "George" Osborne replied, "Well, in a world with a finite number of Deripaskas what's a girl to do?" :lol:

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Chinese Communism and British Conservatism really make a very good match. Both ideology-free, shadow banking-led property Ponzi schemes on the brink of collapse and extinction.

The Tories just need to remember not to confuse Red China (good, statist, Marxist etc.) with Red Ed (bad, statist, Marxist etc.) in their public pronouncements.

:lol:

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Chinese tourists buy a lot of luxury goods in central London as it is cheaper than in China. Currently more of them visit Paris as it is easier to get a visa. Making it easier to get a tourism visa to the UK will mean more VAT from LV, Prada and other branded tat.

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Chinese tourists buy a lot of luxury goods in central London as it is cheaper than in China. Currently more of them visit Paris as it is easier to get a visa. Making it easier to get a tourism visa to the UK will mean more VAT from LV, Prada and other branded tat.

Surely if they buy enough overpriced British tat they can get a tax refund?

Edited by Eddie_George

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Chinese tourists buy a lot of luxury goods in central London as it is cheaper than in China. Currently more of them visit Paris as it is easier to get a visa. Making it easier to get a tourism visa to the UK will mean more VAT from LV, Prada and other branded tat.

Luxury goods sold in London, and made in China.

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Chinese tourists buy a lot of luxury goods in central London as it is cheaper than in China. Currently more of them visit Paris as it is easier to get a visa. Making it easier to get a tourism visa to the UK will mean more VAT from LV, Prada and other branded tat.

I suspect he was thinking more along the lines of nuclear power stations, airports, deepwater docks and Kensington/Chelsea villas.

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Chinese tourists buy a lot of luxury goods in central London as it is cheaper than in China. Currently more of them visit Paris as it is easier to get a visa. Making it easier to get a tourism visa to the UK will mean more VAT from LV, Prada and other branded tat.

You talk like there's a shortage of Chinese! Go to any city with a university and they are plentiful. 1.3bn of them, more than enough to go round...or does Osbourne want all 1.3bn of them here, not setting foot in Hollandes socialist gulag France :unsure:

Edited by Executive Sadman

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We make lots of things the Chinese want, wings, engines, downton abbey. :lol:

Run out of products to quote pretty quickly.

...newbuild flats in London...

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Isn't Bicester Village (a designer outlet) the most visited site in the UK by Chinese tourists.

yes but will soon change as a designer village is proposed for Wembley.

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I fail to see why anyone would think this is bad. Right now the Chinese can go to Europe using Schengen Visa, that is 1 Visa to a lot of European countries but the UK.

This will encourage the tourist to go via UK, spend their money in UK and anything to help our balance of trade is a good thing.

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That's it, mandarin and shoe shine lessons for my boys, problem solved.

Smart move.

UK opens doors to Chinese banks with special terms for lenders

"George Osborne will on Tuesday roll out the red carpet for Chinese banks looking to expand in London, offering to break down regulatory barriers in a bid to reinforce the City’s position as a global renminbi hub."

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