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  Keith - you miss the point. Economies evolve and change. Try to freeze your economy with protectionism and isolate it from competitive pressures and you will create more problems than you solve. The post-1945 nationalisation and subsidies for a whole range of industries tried to do all of that and all it did was bring about economic decline and industrial decay. We must trade, we must develop new markets, new products, we must compete and do what we do best allowing other countries to do what they can do better and/or cheaper. This is the reality - we cannot hide from competition or stop the world because we want to get off. Look how new industries have replaced the old, how ways of working have changed. It is the way of the world.
  
  I am doing due diligence on an investment fund that invests in global companies, including British, that are set to massively increase their trade to China and reap massive rewards for our economy. That includes companies like Chubb, Johnson & Johnson and Prudential - sadly around 44% of them are American with only 14% of the British out of about 80 plus companies that currently make up the portfolio. These, of course, are not all of the companies doing this, just market leaders that are paying good dividends that have been selected by the manager. |It does show the way and the fact that we do have go-ahead businesses that are exploiting this market.

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