It comes as Donald Trump has proposed more aggressive tariffs in the US ranging from 60 per cent to 100 per cent on Chinese goods and a universal tariff of up to 20 per cent on imports from all other countries.
Former Nato secretary general Lord Robertson said the UK and allies had to be able to confront the states which were increasingly co-operating.
Lord Patten criticised the then-prime minister’s policy of seeking closer relations with Beijing.
Niall Ferguson said we are seeing the same patterns that led to the break out of the Second World War.
China claims Taiwan as part of its territory and views visits by foreign government officials as them recognising the island’s sovereignty.
Last week President Xi told President Biden that "whoever plays with fire will get burnt", as Pelosi was due to visit Taiwan.
The loss to the EU in missing customs revenue was €2.7 billion, it was revealed. "No wonder they need border controls", one person said.