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China, Britain pledge cooperation
December 17 , 2017
2533 days
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- Britain and China pledged to promote London as a center for offshore use of Beijing's currency and cooperate in clean energy research and promoting trade as the UK prepares to leave the European Union.
- The two sides agreed to promote international use of China's tightly controlled yuan and develop yuan-based business in London.
- Chinese and British officials also agreed to look at ways to expand Britain's role in Beijing's "Belt and Road Initiative," a vast project aimed at expanding trade across Asia to Europe by building railways, ports and other infrastructure.
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