With the British Prime Minister Gordon Brown and his large trade entourage visiting China, there has been the inevitable slew of newly announced trade deals, with the PM also rumoured to be set to sign a deal for Arup at the highly controversial Dongtan "eco city" on Chongming Island. Here are two notable announcements:
UK Seeks Increased China Flights
Diplomatic sources have made it know that the UK and China have plans to increase, to 100, the number of flights a week between the countries within the next three years. At the same time, Gordon Brown announced that the UK and China aim raise bilateral trade by 50 per cent to RMB450bn by 2010.
BP to Boost China Investment
During a ceremony at the Great Hall of People in Beijing, BP announced
that it has signed several new agreements with the Chinese government that would "enhance its commitment to the country". The agreements
include plans for strategic integration and commercialisation of clean coal conversion technologies, wind power generation and world-class
acetic acid production, Webwire reports. BP's investment in China totals more than USD4 bn according to a company statement.
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