Hogg Posted July 21, 2016 Share Posted July 21, 2016 Very good news. Love seeing all those well behaved Chinese students around Sheffield - maybe some of their 'soft power' has contributed to this investment. Link to comment Share on other sites More sharing options...
apelike Posted July 21, 2016 Share Posted July 21, 2016 Yes, you speak the truth. EU grants are given with no string attached. Not sure if that is true as I though the main part of the EU funding for the failed digital region project has to be paid back. Link to comment Share on other sites More sharing options...
Mr Bloke Posted July 21, 2016 Share Posted July 21, 2016 I'll just leave this quote here (taken from here)... The city has recently signed co-operation trade agreements with Daqing, the leading centre for the oil and gas industry in China and location of a major World Snooker International Championship, and the city of Nanchang. ... for the benefit of any conspiracy theorists out there! Link to comment Share on other sites More sharing options...
AndrewC Posted July 21, 2016 Share Posted July 21, 2016 Yes, you speak the truth. EU grants are given with no string attached. But let's look at the figures a little more closely... http://www.bbc.co.uk/news/uk-england-36420415 That report admits the figures are rough and they're disputed anyway. And secondly, without opening the full Brexit pandoras box, there is obviously much more to the pro-EU argument than just money. But anyway... 7. Yes, the jobs created by the EU are great but they certainly do not make up for the missing £275M Is that just taking in to account jobs directly funded by the EU, or the wider picture, i.e. the large section of our economy which is indirectly supported by those EU jobs & funding, and will take a major hit when the brain-drain begins from this country? Meanwhile, we have just been handed £1BN on a plate But I think the point people are trying to make here is, 'No, we haven't!'. There's a catch with this investment. I don't know what it is yet, but there will be one. It might be one which is overcome by wise investment, but do you trust our council to do that? Anyway, this is not about EU investments being better than other investments, or vice versa. In an ideal world, we'd have both. You mean like a world where we were in the EU and had these kind of trade deals anyway? You mean like, how we were up to the 22nd June? Cameron & Osborne have been pushing for bigger ties with China for years now, it was supposed to be a main driver of the Northern Powerhouse. Talks on this deal have been going on for 18 months. You think China only just picked up the phone 4 weeks ago Just to counter-act the cynicism, I would say that away from the Brexit debate, I welcome this investment, generally, so long as it is spent wisely for maximum gain, and not frittered away on the wrong things. I also hope there are no silly agreements lurking in the detail that the council are keeping from us. If successful, I'd have no problem welcoming more investment from China and others, and hope we really can find a way to get a better deal from the rest of the world financially than we did from the EU. Link to comment Share on other sites More sharing options...
euroout23 Posted July 21, 2016 Share Posted July 21, 2016 this is great news for SCC they will of course take the credit, but its also great for business here the Chinese community enrich and contribute vast amounts already and are welcomed at least they bring something here and take very little. the Chinese have been investing here for a good few years now privately and corporately developing unwanted and run down flats complexes at Netherthorpe and are building a new development of retail and leisure at the bottom of Bramhall lane. now we are out of Europe i hope there will be more of this far east investment. Link to comment Share on other sites More sharing options...
foxy lady Posted July 21, 2016 Share Posted July 21, 2016 No surprise, I predicted this last year. Sheffield/china are growing friendly intimate relations. ---------- Post added 21-07-2016 at 08:53 ---------- What is in it for you? Maybe Sheffield will become a live buzzing business centre again, these Chinese know how to do it. I've been to the University graduation ceremony today. You could be excused for assuming that we were at Beijing University. Judging by the students here. This is very much a Chinese home from home. Link to comment Share on other sites More sharing options...
tinfoilhat Posted July 21, 2016 Share Posted July 21, 2016 And I for one will welcome our new Chinese overlords. Link to comment Share on other sites More sharing options...
abbeyedges Posted July 21, 2016 Share Posted July 21, 2016 Earlier this year George Osborne was seen in China courting the Chinese and their investments. On every news bulletin Kevin McCabe the Sheffield United owner and successful property developer could be seen alongside the Chancellor. This is great news for the city and the Sheffield City Council deserve credit but I am sure Mr McCabe will have played a huge (even massive) part in securing this deal. Link to comment Share on other sites More sharing options...
beefface Posted July 21, 2016 Share Posted July 21, 2016 (edited) Hate to raise a word of caution, but what has China been desperate for, that Sheffield currently has?....World Snooker Championship? Edited July 21, 2016 by beefface Link to comment Share on other sites More sharing options...
little keith Posted July 21, 2016 Share Posted July 21, 2016 investment is what we needed just got to use it wisely and make it grow .create jobs and so what if it comes from the Chinese ..there students are polite and ours could learn from there manners. there is good and bad around the world .and them students could soon run there own business and create work over here Link to comment Share on other sites More sharing options...
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