New UK finance minister to talk up trade on China visit

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New finance minister Philip Hammond will on Friday meet Chinese business leaders and officials to drum up support for Britain's economy ahead of talks with G20 counterparts in Chengdu. Former foreign minster Hammond will be joined by business leaders as he seeks to reassure Chinese investors and politicians that "Britain is open for business" despite voting last month to leave the European Union. Hammond will visit Beijing and Hong Kong "to promote British business opportunities, with a strong emphasis on the financial services sector," the treasury said.

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