China’s state planning agency has issued a one-of-a-kind guide for Chinese investors interested in Britain, following a Downing Street push to attract £50bn of foreign capital to finance UK infrastructure projects.
On Tuesday, Oliver Letwin, the UK Cabinet Office minister and prime minister David Cameron’s intellectual troubleshooter, will unveil the 40-page guide at a ceremony in Beijing alongside the National Reform and Development Commission, China’s powerful state planning agency.
This marks the first time the NDRC has issued a country-specific guide for Chinese investors and underlines the lengths that London is going to to try to secure new money for its creaking transport and energy systems.