CHINA-UK RELATIONS: CHINESE VICE PREMIER MA KAI'S VISIT
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Meeting China’s Vice Premier Ma Kai on November 9, 2016, in Downing Street, British Prime Minister Theresa May described Britain’s relationship with China as still “golden”. The reference was to welcomed a Chinese developer’s plans to build a £1.7bn business district in east London. Several China-backed projects under way in London with four Chinese banks providing £1.2bn of funding for a 35-acre scheme close to London City Airport and the new Crossrail line. Others include The Spire, a 67-storey residential tower in east London, the Ram Brewery project in Wandsworth to be built by Shanghai’s Greenland Group, and the Wanda One hotel and residential project south of the Thames by Dalian Wanda.
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