One of London mayor Boris Johnson’s biggest foreign investment projects has been called into question after the Chinese companies involved said they were in a dispute over how to split the scheme.
The £1bn Asian Business Port project at the Royal Albert Docks in east London is the latest in a series of Chinese-backed projects to have stalled, despite prominent efforts on the part of British politicians to attract Chinese cash.
News of the delay comes just days before the visit to Britain of China’s President Xi Jinping, hailed by the Chinese foreign ministry as kicking off a “golden era” of Sino-British relations and by the British side as an opportunity to promote Chinese investment in Britain.
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