Cameron’s Rift With China Could Cost UK Billions

China’s tough reaction to international leaders’ meeting with the Dalai Lama threatens to hit where it hurts – the economy, reports the Telegraph. British Prime Minister David Cameron met privately with the Tibetan spiritual leader in 2012. The Chinese foreign ministry then summoned the British ambassador to China and explained that “meeting with the exiled Tibetan leader had ‘seriously interfered with China’s internal affairs’” and “urged Britain to take ‘practical actions to correct the error.’” The chilly relations have reduced the number of individual connections between British leaders and China’s new leadership team. China has plenty of cash to invest due to imbalanced trade and heavy debt among Western nations, and Britain is an attractive target because of London’s status as a global financial capital. Chinese investment in Britain has not ended, but traders worry that investment is not as brisk as it could be. Other leaders – in France, Germany and the US – have met with the Dalai Lama, and the BBC News reports a China visit is on Cameron's schedule. Attempts to blacklist the Dalai Lama could lead to more political invites for the Nobel laureate. – YaleGlobal