Sunday, March 1, 2009

Britain-China sign US$2 bn in trade deals


Britain-China sign US$2 bn in trade deals
28-02-2009

British and Chinese firms have signed agreements worth almost US$2-billion at a ceremony in London. The biggest was a $1.2 billion deal between British jet engine maker Rolls-Royce and Hainan Airlines. It involves the purchase of Rolls-Royce jet engines and a service contract. The signing ceremony, was attended by Trade Minister Chen Deming and Britain's Business Secretary Peter Mandelson, and came on the last leg of a Chinese trade tour of Europe.

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