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BCC: British Firms Need Protection from Chinese Volatility

Commenting on the recent turmoil in Chinese markets, John Longworth, Director General of the British Chambers of Commerce, said:

"The turmoil in Chinese markets serves as a reminder of the delicate global economic conditions we operate in.

"Even more than the possibility of Grexit, the economic volatility in China could have a profound effect on British business.

"China is a major trading partner and a significant investor in British goods and key infrastructure projects. In the week of the Budget and the much heralded productivity plan, businesses will want to see and hear more from the Government and the Bank of England on their plans to support and protect British firms and ensure key, long-term projects - such as HS2 - are not compromised."

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