UK in a better position to cope with economic troubles

The transcript discusses George Osborne's response to China's economic challenges and their impact on the UK. It highlights the effects on British businesses, particularly those with significant exposure to China, like Burberry and HSBC. The discussion includes market overvaluation and the importance of long-term investments despite short-term slowdowns. The UK aims to maintain trade relations with China, though meeting export targets by 2020 seems unlikely. The upcoming visit of the Chinese president to the UK is expected to unveil significant trade deals.

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