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China development group chooses London for HQ

London has been chosen as the location for the new global headquarters of Advanced Business Park, the Chinese property developer that has plans to turn the historic Royal Albert Docks into a £1bn “Asian business port”.

The move was announced by Xu Weiping, ABP chairman, and Boris Johnson, London mayor, at the London-Asia business forum at City Hall yesterday.

Mr Xu said the UK capital had been the “natural choice” because of its international connections, its entrepreneurialism and high-quality educational institutions.

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