The trade flows between, for instance, America and China, I think are at historic highs. Between Australia and China, despite the terrible relationship, I believe they're also at historic highs, largely because of iron ore. Two-way trade between the U.K. and China has increased. It's not like having a big trading relationship—China's the biggest trading partner of 125 countries, I think—and also having significant security and values issues is unusual. That's the norm now. That's the norm.
On May 12th, 2022. See this statement in context.