Britain, China boost biz ties
date:Dec 31, 2013
products to recoup the costs. Since China is a large market, this can be easily done, he says.

Currently many Chinese companies have RD facilities in the UK. Companies such as Chang'an Automobile Group and Aviation Industry Corp of China have established RD centers at the University of Nottingham's Science Park, to benefit from the university's research expertise.

Yao says that cash-flush Chinese enterprises have helped provide succor and capital to several ailing UK firms.

He says good exam
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