Chinese premier Wen Jiabao pointed to Sino-British manufacturing co-operation on Sunday as he launched the first new MG motor model in 15 years during the British leg of a brief visit to Europe, according to Reuters. Diplomats say China and Britain are expected to announce over one billion pound's worth of deals during his three-day visit in a range of industries. Wen will meet British Prime Minister David Cameron on Monday for the latest of a series of bilateral summits focused largely on trade and business, though which will also likely encompass the euro zone debt crisis and human rights. "The successful cooperation of the production of the MG6 and other MG vehicles is a symbol of the friendship between China and the UK," Wen said. "The model can be summed up as designed in the UK, manufactured in China and assembled in the UK, thereby making the most of China's capital and markets, as well as the UK's technology and managerial expertise." Stephen Green, Britain's minister for Trade and Investment, said SAIC was a "pioneer for Chinese investors in the UK". -- SPA
