David Cameron is “a poster boy for elite capture by Beijing”

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David Cameron hosted Xi Jinping in 2015 and, over a pint, declared a “golden era” in UK-China relations. Photo by Kirsty Wigglesworth - WPA Pool/Getty Images In October 2013 Xi Jinping travelled to the annual Asia-Pacific Economic Cooperation summit to formally announce a long-held ambition: an Eastern counterpart to the World Bank and the IMF, the international development banks that underwrite American diplomacy and cement the power of the dollar. US diplomats had tried to persuade other countries to refrain from signing up to the Asian Infrastructure Investment Bank (AIIB), and were shocked when their closest ally, the UK, became...