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Jakarta Post

Chinese vice premier in UK as London seeks investment


    Associated Press

London   /   Thu, November 10, 2016   /  06:10 pm
Chinese vice premier in UK as London seeks investment British Prime Minister Theresa May (center) and Chancellor of the Exchequer, Philip Hammond, greet China's Vice Premier, Ma Kai (left) as he arrives in 10 Downing Street Wednesday, Nov. 9, 2016 in London. (Pool Photo via AP/Carl Court)

China's vice-premier is holding talks with Britain's Treasury chief as the two countries try to smooth over a rocky patch in their growing economic relationship.

Chancellor of the Exchequer Philip Hammond is meeting a delegation led by Vice Premier Ma Kai Thursday as Britain seeks more Chinese investment in UK infrastructure.

Ma is also meeting Prime Minister Theresa May and Bank of England Governor Mark Carney.

The UK-China relationship wobbled in July when May unexpectedly delayed approval of a nuclear power plant being built with Chinese investment.

May eventually approved the Hinkley Point power plant in September.

On Thursday she said Britain and China were in a "golden era of relations" — echoing a phrase used by Chinese President Xi Jinping during a state visit to Britain last year.

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