CHINA’S deputy PM yesterday agreed to send a top level delegation to London this June to sign off billions of pounds of business deals – just 48 hours after the Huawei leak.
Chancellor Philip Hammond sealed the visit from Hu Chunhua as he risked controversy by championing Beijing’s controversial Belt and Road programme.
Reuters
Trade officials from the economic superpower will jet into the capital this summer for the tenth Economic and Financial Dialogue (EFD) conference between the two countries
China is expected to lift its bans on British poultry and cosmetics which have not been tested on animals, at the talks.
If they are signed off this summer, they will open up access to markets worth an estimated £10.2billion over five years.
The trade talks were due to be held earlier this year.
But The Sun exclusively revealed that China pulled the plug on them after Defence Secretary Gavin
Williamson threatened to send aircraft carrier into China’s backyard – enraging Beijing.
Mr Hammond hailed the agreement, saying: “Chinese Vice Premier Hu Chunhua and I have agreed the UK will host the 10th UK-China Economic Financial Dialogue in London, mid-June.
“Past dialogues have agreed billions in commercial deals for both countries.”
A source close to the talks told The Sun: “It is hugely significantly they have agreed this.
“In the past this forum has led to billions of pounds worth of deals being done.
“We want to reinstate the golden era of relations.”
EPA
