Britain and China will hold the next round of their Economic and Financial Dialo...
LONDON - Britain and China will hold the next round of their Economic and Financial Dialogue in mid-June in London, finance minister Philip Hammond said on Thursday, after months of reports that talks had been delayed by diplomatic tension.
However, relations between London and Beijing have been strained in recent years, most notably after a British warship sailed close to islands claimed by China last August. In that light, Britain will view the agreement of potentially lucrative talks as a success and a step closer to rebuilding the close ties seen earlier in the decade when then-finance minister George Osborne successfully courted Chinese investment.
Hammond said he shared Hu’s regret that there had been “some difficulties” in making progress before adding: “Of course, you understand that the UK takes no position in relation to the issues in the South China Sea.”
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