Banking and airliner deals have been signed on the second day of the British Prime Minister’s visit to Beijing. European aircraft maker Airbus, in which Britain’s BAE Systems has a 20 percent stake, signed a deal to sell 10 A330 jets to China Southern Air. The British bank Standard Chartered also clinched a deal to buy a 20 percent stake in China’s Bohai Bank. Tony Blair said other controversial issues were discussed.“Obviously what we want to see is the development of human rights and greater democracy, because in the end, not because it is our system but because we think it is the best way that economic and political development go hand in hand. So obviously the future will decide whether I’m being too optimistic or not, but I think that there is a genuine understanding of that concern on the Chinese side,” he said. The latest deals follow agreements yesterday between China and the European Union over textile exports.
Blair seals Airbus deal with China