What's interesting is whilst Shanghai has gone stellar - literally, in these massive buildings which have appeared since I first visited - Beijing has become a much more vibrant and interesting place. A lot more business is done here.

I find China such a fascinating and interesting country. Each time I come back something has changed and it's moved on in leaps and bounds.

The Foreign Office is a very important arm of the British state and I think Britain has a fantastic diplomatic service. We are the only country in the world spending 2% of our national income on defence and 0.7% of our national income on aid. We are the only country in the world doing both of those things.

I want Britain to be a global financial centre but I want it to be properly regulated.

I want Britain to be the home of successful competitive and stable financial services.

Cutting budget deficits can never be just an exercise in economics.

I think the British people have a strong sense of what is fair.