BBC News – China and UK trade at ‘record high’

Bilateral trade between China and the United Kingdom hit a \”record high\” in 2013, according to the Chinese ambassador to the UK, Liu Xiaoming.

Chinese Premier Li Keqiang  and British Prime Minister David Cameron

The state-owned Xinhua news agency quoted Mr Liu as saying that bi-lateral trade between the two surpassed $70bn (£43bn) last year.

He said the UK\’s exports to China grew more than other EU countries.

The UK has been pushing to boost trade ties with Beijing in an attempt to tap into China\’s domestic market.

Last year, British Prime Minister David Cameron visited the world\’s second-largest economy to foster closer trade ties.

“The UK can be the most profitable destination in the Western world for Chinese outward investment in infrastructure, real estate, energy and transportation”

Stephen Perry

48 Group Club

He was accompanied by more than 100 British business people on the three-day visit – his second to the country.

\”The two countries\’ leaders reached a broad consensus on pushing forward bilateral relationship and expanding co-operation,\” said Stephen Perry, chairman of the 48 Group Club, an independent business network that looks to promote ties between China and the UK.

\”China and the UK working together will benefit our people and contribute to global peace and development,\” Mr Perry was quoted as saying by Xinhua.

via BBC News – China and UK trade at ‘record high’.

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