UK and China announce financial deals
Wednesday 10 November 2010 - by Nicola York
The UK has announced two financial services deals with Chinese companies following the third annual UK-China Economic and Financial Dialogue in Beijing this week.
It was agreed that the UK would be "China's partner of choice" on financial services cooperation, building upon the UK's major presence in the Chinese financial services sector.
UK banks already account for 25 per cent of foreign banking in China.
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