WHAT has the British government done to help small businesses which it can definitely say has helped? Apart from a couple of “schemes”………. NOTHING. Yesterday, the Chinese government announced that it would streamline its corporate registration system to ease market access and encourage social investment. Minimum registered capital requirements for limited liability companies, one-person limited liability companies, as well as joint-stock companies with limited liability will be scrapped. According to National Bureau of Statistics, Chinese SMEs provide more than 80% of jobs in Chinese cities. The number of micro-, small and medium-sized enterprises represent 99.7 % of the total in China. Here in the UK, we prefer our earnings to be generated by “intangibles” such as banking and insurance. THAT makes our economy VERY vulnerable to the vagaries of the global economy.