All very well talking about trade, but what do we have to trade?*. Looking around our house:
Various TVs - LG, South Korean
Fridge, dishwasher, cooker - Siemens, German
Various computers - Apple, Lenovo, HP (all built in China)
Car - Merc, German
Washing machine and dryer - Miele, German
Vacuum cleaners - Miele, German
The only British item (although even that is built in the Far East) is a Dyson, but that's in the garage coz it's really crap compared with the Miele. The interesting thing is the German goods are still built in Germany.
We have service industries but those cannot penetrate the closed markets of India or China.
*apart from military equipment and jet engines.
Various TVs - LG, South Korean
Fridge, dishwasher, cooker - Siemens, German
Various computers - Apple, Lenovo, HP (all built in China)
Car - Merc, German
Washing machine and dryer - Miele, German
Vacuum cleaners - Miele, German
The only British item (although even that is built in the Far East) is a Dyson, but that's in the garage coz it's really crap compared with the Miele. The interesting thing is the German goods are still built in Germany.
We have service industries but those cannot penetrate the closed markets of India or China.
*apart from military equipment and jet engines.

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