China and UK

British Museum features ‘golden age’ of Ming China

Sep. 16, 2014

  • LONDON (AP) — Intricate, inventive and ahead of their time — and that’s just the vases. London’s British Museum will open a major new exhibition on Thursday exploring the rich art and global influences of China’s Ming era in the 15th century. Some 280 objects from the years 1400 to 1450 will be featured, from bejeweled gold vessels and gilded-bronze Buddhist figures to a 9-meter- (30-foot)-long scroll painted on bamboo.

UK first country in the West to issue RMB bond


  • British chancellor of the Exchequer George Osborne announced Friday that the British government intends to issue a renminbi denominated bond and to use the proceeds to finance the government’s reserves of foreign currency. “I can now announce that the UK government intends to be the first national government outside of China to issue a bond in China’s currency.” he said, adding “We have issued bonds in US dollars before. Now we will issue a bond in renminbi,” at the press release of the Sixth China-UK Economic and Financial Dialogue (EFD).

China, Britain vow to boost economic, financial cooperation


  • LONDON, Sept. 13 (Xinhua) — China and Britain have a broad prospect for financial cooperation and the two countries should give full play to their respective advantages to deepen the cooperation, visiting Chinese Vice Premier Ma Kai said here on Friday.

Bank of England says has granted branch licence to China’s ICBC

Sep 11, 2014

  • (Reuters) – The Bank of England has granted a wholesale banking licence to Industrial and Commercial Bank of China (1398.HK) (601398.SS), China’s largest bank, a spokeswoman for the British central bank said on Thursday.

UK urged to attract Chinese tourists spending £650-a-day

A survey of Chinese travellers unveils the importance of shopping as the Government is urged to continue relaxing tourism visas to make the UK a more attractive destination

13 Aug 2014

  • Chinese tourists spend on average nearly £650 on foreign high streets – but many could still be opting not to visit UK shops due to the complexity of obtaining British holiday visas, business leaders have warned.

China denounces British parliament’s inquiry into Hong Kong affairs

China urges UK to stop interfering in affairs of its former territory

26 Jul 2014

  • China denounced the launch of a British parliamentary inquiry into the affairs of Hong Kong that has begun 30 years after the two countries agreed on the return of the financial hub to Beijing.

“As Hong Kong is a Special Administrative Region of China, affairs of Hong Kong are purely China’s domestic affair,” Hong said in a statement published on the ministry’s website late on Friday.

UK can help China become world leader in offshore wind

New Carbon Trust reports predict China can deliver 5GW of offshore wind capacity by using British expertise

02 Jun 2014

  • The British offshore wind industry can play a major role in helping China install 5GW of new capacity off its coastlines over the coming years, a series of new reports by the Carbon Trust has found.
  • “China’s offshore wind resource is significant and will be critical for the country to help meet its rising energy demand through developing low-carbon energy sources,” he said. “The UK has an important role in offering its experience and learning to ensure that China’s vast resource is efficiently exploited. Innovation across a number of areas will be essential to ensure targets are met and to drive cost reduction across the whole sector.”

China and U.K. Sign Film Co-production Agreement


  • Chinese and Britain formally approve a pact aimed at giving Britain’s filmmakers better access to the booming Chinese market. The much-hyped film co-production agreement between Britain and China became a reality on Wednesday when Britain’s culture minister, Ed Vaizey, and Tong Gang, the vice minister of the State Administration of Radio, Film & Television, formally signed off on the treaty, which will allow Sino-British co-productions to sidestep China’s quota system for foreign films.

Nearly a quarter of Britain’s masters students are Chinese

April 4, 2014

  • British university masters programs are increasingly dominated by students from China, who now make up 23% of the total enrollment, according to a new study on English higher education—only narrowly behind the 26% of students who are British. Of the 144,760 overall post-graduate students in Britain overall, 40% are British. Chinese students are a close second, about 21% of the total, and their ranks increased by 9% from the 2011-12 to 2012-13 school year:

Chinese president meets British PM on ties


  • THE HAGUE, March 25 (Xinhua) — Chinese President Xi Jinping met here Tuesday with British Prime Minister David Cameron and the two sides vowed to strengthen cooperation between their countries.

China and UK trade at ‘record high’

22 January 2014

  • Bilateral trade between China and the United Kingdom hit a “record high” in 2013, according to the Chinese ambassador to the UK, Liu Xiaoming. The state-owned Xinhua news agency quoted Mr Liu as saying that bi-lateral trade between the two surpassed $70bn (£43bn) last year.

House of Fraser sold to China’s Sanpower

British department store chain valued at £450m in deal with Sanpower, controlled by one of China’s richest men, Yuan Yafei

4 April 2014 09.31 EDT

  • House of Fraser is the latest British company to fall into foreign hands after its owners struck a takeover deal with Chinese conglomerate Sanpower which values the 165-year-old department store chain at more than £450m.

Britain good for nothing but travel and study, Chinese paper claims

Chinese government-run tabloid takes aim at David Cameron suggesting that the Prime Minister lacks sincerity and his country is no longer “a big power in the eyes of the Chinese”

03 Dec 2013

  • Britain is nothing more than “an old European country apt for travel and study”, a Chinese newspaper ranted yesterday as David Cameron touched down in Shanghai.
  • “The Cameron administration should acknowledge that the UK is not a big power in the eyes of the Chinese. It is just an old European country apt for travel and study. This has gradually become the habitual thought of the Chinese people,” it concluded.

Cameron Pushes for EU-China Trade Agreement in Beijing

Dec 2, 2013

  • U.K. Prime Minister David Cameron called for the European Union to open talks with China on a full-scale trade deal, as the bloc seeks to curb Chinese goods that EU officials say are being dumped and subsidized.

David Cameron promises China ‘growth partnership’

3 December 2013

  • David Cameron has promised to create a “partnership for growth and reform” as he visits China on a trade mission with more than 100 UK business leaders.

Cameron ‘turns page’ on Dalai Lama row with China visit

Nov 30, 2013

  • (Reuters) – Britain has put a diplomatic rift with China over the Dalai Lama behind it and Prime Minister David Cameron has no plans to meet Tibet’s spiritual leader again, a senior source in his office said ahead of a visit by the British leader to Beijing.

David Cameron calls for new EU-China free trade agreement

PM says the UK will be China’s biggest advocate in the west, hoping to appease leaders angry at Dalai Lama meeting

2 December 2013

  • Britain will act as China’s strongest advocate in the west, David Cameron has declared as he flew into Beijing pledging to lead a “dialogue of mutual respect and understanding”.
  • Writing in the Chinese weekly news magazine Caixin, Cameron said: “Put simply, there is no country in the western world more open to Chinese investment, more able to meet the demands of Chinese consumers, or more willing to make the case for economic openness in the G8, the G20 and the European Union. And there is no country more ready to forge a dialogue of mutual respect and understanding that can address issues of concern and advance our shared interests in the world.”

London to become centre for trading in Chinese yuan

China takes first steps to move currency onto world stage

Oct 15, 2013

  • Beijing agreed Tuesday to make London a centre for handling investments denominated in yuan, making it the first financial centre outside of China to handle the tightly controlled currency.

Manchester Airport to receive investment from China

13 October 2013

  • A Chinese company will be part of a group investing £800m in Manchester Airport to develop its surrounding business.

Britain Makes an Overture to Repair Ties With China

October 14, 2013

  • LONDON — After months of frosty relations with China, the British government took steps on Monday toward reconciliation, promising to relax visa rules for Chinese businesspeople and some tourists and saying that it had no plans for more high-profile meetings with the Dalai Lama, the exiled Tibetan spiritual leader.
  • Ties between Britain and China have been strained since Prime Minister David Cameron met with the Dalai Lama in London last year, but two British delegations were in Beijing on Monday, one led by the chancellor of the Exchequer, George Osborne, and the other by Boris Johnson, the mayor of London.