Home News Asia News Xi 1 Visit = £40 billion Investment

Xi 1 Visit = £40 billion Investment

47
0
SHARE
Chinese President Xi Jinping addresses both Houses of British Parliament in London, Britain

President Xi Jinping’s first official visit to UK as president adds £40 billion to UK economy

Chinese President Xi Jinping addresses both Houses of British Parliament in London, Britain
Chinese President Xi Jinping addresses both Houses of British Parliament in London, Britain

Prime Minister David Cameron said deals worth £40bn had been struck during President Xi Jinping’s visit.

Cameron said the two countries could maintain a “strong relationship” while having “necessary and frank discussions” about issues like the steel industry and human rights, BBC reported.

President Xi said his country “attaches huge importance” to human rights.

“We combine the universal value of human rights with Chinese reality and we have found a path of human rights development suited to China’s national conditions,” he said, in response to a question from BBC political editor Laura Kuenssberg.

“With regard to the protection of human rights, looking around the world we note there is always room for improvement.”

At a UK-China business summit as part of the Chinese president’s state visit, Mr Cameron and President Xi witnessed the signing of a number of investment agreements, including a deal between EDF and China General Nuclear Power Corporation (CGN) for a nuclear power plant at Hinkley Point, Somerset.

The mainly state-owned EDF said the final cost would be £18bn. State-owned CGN will pay £6bn for one third of it.

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here