I see no real argument in Britain that is concerned that an Indian company owns our most successful car manufacturer or that the sewer system under London is being renewed in part by Chinese investment. There are the odd voices that express concern but they are very marginal and they are not being listened to by the British people.

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.

There are plenty of people who don't want change - the Labour Party, some of their militant trade union friends like Unite busy causing strikes at the very beginning of a fragile recovery.

Our first benchmark is to cut the deficit more quickly to safeguard Britain’s credit rating. I know that we are taking a political gamble to set this up as a measure of success. Protecting the credit rating will not be easy The pace of fiscal consolidation will be co-ordinated with monetary policy. And we will protect Britain's credit rating and international reputation.

We should be looking at putting a limit on the interest that can be charged on things like store cards.You don't want to end up with totally draconian credit controls but you want some common sense. We want cooling-off periods for store cards so people can't take them out and go straight to the counter and buy things.

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

Even a China growing at 7% or indeed less is still adding to the world economy an economy equivalent to the UK or more.