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It seems to me that it's impossible to have a sensible relationship with a country that weaponises trade as much as China.
How about including the US in that statement ? As well of course as the UK ?
Historically and currently the US absolutely ties its political relationships with countries to how freely their businesses are allowed to operate. The crux of the issue is that the US government has historically taken the view that if a country does not openly welcome, court and accept any US investment they are not friendly.
The political consequences range from political attacks on the government, financial attacks on the economy and if necessary covert overthrow of the countries government.
I bring this point up because the US, in particular, stands behind its companies as political power. Other countries are more inclined to let governments deal with their businesses without resorting to political pressure. But nonetheless the whole point of being a big political power is to strengthen your economic interests internationally through trade and investment.