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Britain and China pledged Saturday to promote London as a center for offshore use of Beijing's currency and cooperate in clean energy research and promoting trade as the United Kingdom prepares to leave the European Union. Officials announced the agreements following an economic dialogue led by Britain's finance minister, Philip Hammond, and a senior Chinese economic official, Vice Premier Ma Kai. British leaders are looking to China for trade and investment as they try to fashion a new global role and offset reduced access to the other 27 nations of the EU common market.Premier Li Keqiang, China's top economic official, expressed confidence Friday during a meeting with Hammond in "steady and sound growth" of Chinese-British relations regardless of what happens between London and the EU.
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