Britain’s Chancellor of the Exchequer visits China
September 28, 2015 Category VIP visits
Britain’s Chancellor of the Exchequer George Osborne – visiting Beijing – expressed his confidence in the slowing Chinese economy, saying the country was going through a necessary transformation but was still a driver of global growth. Chinese companies are expected to help finance the GBP16 billion Hinkley Point nuclear plant in southwest England, and Osborne said their participation could lead to China developing and owning a future nuclear plant, possibly at Bradwell. Osborne presented Britain as one of the West’s most open countries to Chinese investments. China and Britain will also study linking the stock markets of London and Shanghai. China and the UK also endorsed 53 agreements at the 7th China-UK Economic and Financial Dialogue, covering a range of sectors including nuclear energy, infrastructure, trade, finance and space programs. Chinese President Xi Jinping is expected to visit the UK in October.
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