1. London

Boris hails deal on underground

Boris Johnson celebrated an agreement for British designer Thomas Heatherwick to build two Beijing underground stations by taking a trip on the network himself.

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Chinese are big investors in London

Boris Johnson will be meeting Chinese investors this afternoon Credit: Stefan Rousseau/PA Wire

Boris Johnson is meeting high-powered investors this afternoon, including those already pumping money into London.

Current investments in the capital by Chinese companies include a £700 million 5 star hotel scheme on the South London Nine Elms site, a large stake in the company that owns Thames Water and the £500 million pound reconstruction of the Crystal Palace.

Chinese investors have a large stake in the company that owns Thames Water Credit: Thames Water
Chinese companies have a £450 million stake in the holding company that owns Heathrow Airport Credit: Steve Parsons/PA

Chinese companies are also backing the billion pound Chinese business district planned in the Docklands and have a £450 million stake in the holding company that owns Heathrow Airport.

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