U.K.’s Hammond Set to Agree on $1.3 Billion in Deals With China
This article is for subscribers only.
U.K. Chancellor of the Exchequer Philip Hammond will seal more than 1 billion pounds ($1.3 billion) of trade and investment deals with China during a two-day visit to the Asian nation, the Treasury said Friday.
Hammond will hold talks with Chinese Vice Premier Ma Kai during the ninth gathering of the U.K.-China Economic and Financial Dialogue in Beijing this weekend, the Treasury said in an emailed statement. He’ll be accompanied on the visit by Business Secretary Greg Clark, Governor of the Bank of England Mark Carney, and London Stock Exchange Chief Executive Officer Nikhil Rathi, as well as several junior ministers and a wider business delegation.