China, UK sign deals worth $62 billion
Beijing and London signed deals worth about 40 billion pounds ($62 billion) on Wednesday during President Xi Jinping’s first state visit to the UK.
The cash generated by the deals will produce 3,900 jobs across the UK, according to the British government.
One of the biggest deals is an agreement for China to partly finance a UK nuclear power plant, the first major Chinese investment in a Western nuclear facility.
British Prime Minister David Cameron announced oil and gas deals worth more than 12 billion pounds, as well as a 2.6 billionpound deal to make new cruise ships, according to a Reuters report.