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China and UK sign extensive trade and investment deals worth £40b

Major pacts include China's stake in Hinkley nuclear power plant and agreement on cyber-espionage

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Mr Xi (centre) with Ren Zhengfei, billionaire and president of Huawei Technologies Co (left), and employees of Huawei Technologies at their offices in London on Wednesday.

London

TRADE and investment deals worth £40 billion (S$86 billion) sealed between China and Britain have helped lift the sterling against the US dollar and other currencies.

The focus is on bilateral investment, infrastructure and innovation. The well-advertised Hinkley Point C