CHINA: British finance minister George Osborne holds meeting with Chinese Vice Premier Wang Qishan in Beijing, in a drive to attract Chinese investment and lift Britain's faltering economy

Record ID: 191178

  • Title: CHINA: British finance minister George Osborne holds meeting with Chinese Vice Premier Wang Qishan in Beijing, in a drive to attract Chinese investment and lift Britain's faltering economy
  • Date: 18th January 2012
  • Summary: BEIJING, CHINA (JANUARY 17, 2012) (REUTERS) ( * BEWARE FLASH PHOTOGRAPHY **) CHINESE VICE PREMIER WANG QISHAN SHAKING HANDS WITH BRITISH FINANCE MINISTER GEORGE OSBORNE WANG AND OSBORNE'S HANDS/ WANG SHAKING HANDS WITH BRITISH DELEGATE MEETING IN PROGRESS WANG TALKING OSBORNE LISTENING OSBORNE TALKING WANG LISTENING MEETING IN PROGRESS
  • Embargoed: 2nd February 2012 12:00
  • Keywords:
  • Location: China, China
  • Country: China
  • Topics: International Relations,Politics
  • Reuters ID: LVA5YHIA4B2TPAMHT0WGDWG6PON8
  • Story Text: British finance minister George Osborne on Tuesday (January 17, 2012) held a meeting with Chinese Vice Premier Wang Qishan, in a bid to attract Chinese investment to lift Britain's faltering economy.
    Osborne's tour, which began in Hong Kong on Monday (January 16) and will take him to Tokyo Wednesday (January 18), is aimed at strengthening ties in financial services, infrastructure and innovation, British officials said.
    Britain's coalition government has launched a drive to expand trade and investment ties with major developed and emerging economies outside Europe to lessen its dependence on trade with the crisis-hit euro zone.
    Osborne is scheduled to meet the finance ministers and central bank governors of China later today.
    The British minister is looking to boost investment in British infrastructure as a way of lifting the British economy, which is teetering dangerously close to falling back into recession as the government pushes through austerity plans to rein in a big budget deficit.
    Osborne's visit comes against the backdrop of the euro zone crisis and attempts by euro zone leaders to persuade nations with big foreign reserves such as China to invest in leveraging the lending capacity of Europe's bailout fund.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2012. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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