Osborne hails 'momentous progress' in UK-China links

George Osborne hailed the "momentous progress" in links between the UK and China as he set out his ambitions for the City of London to be the major offshore hub for trade in the Chinese currency.

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Osborne to hold trade talks with Chinese premier

The Chancellor George Osborne will hold trade talks with the Chinese premier Li Keqiang aimed at deepening Sino-UK trade ties.

Xu Shaoshi, with Business Secretary Vince Cable yesterday. Credit: Reuters

The meeting of the UK-China financial forum, on the final full day of Mr Li's visit to London, comes after the signing yesterday of trade deals between the two countries worth £14 billion.

Yesterday Mr Ling and his wife met with the Queen in Windsor Castle.

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