U.K. to Discuss North Sea Oil Investment with China

June 17, 2014

Chinese investment in nuclear energy, high-speed rail and North Sea oil will be high on the diplomatic agenda when Chinese Premier Li Keqiang visits the U.K. this week, building on what he has described as an "indispensable partnership" between the two countries, The Daily Telegraph reported on its website Monday.

Lord Sassoon, chairman of the China-Britain Business Council, told The Telegraph that securing more Chinese investment for critical U.K. infrastructure will be an important element of Mr. Li's three-day tour, which will include meetings with Prime Minister David Cameron.

The investment talks will "maintain the momentum" on nuclear power, following Chancellor George Osborne's announcement of a nuclear funding agreement between the U.K. and China during his trade visit to China last October, Sassoon told The Telegraph.

Copyright, NASDAQ, 2014.