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China to sign Airbus deal during Blair visit
(Reuters)
Updated: 2005-09-05 06:56

LONDON - China will sign a contract to buy aircraft from European planemaker Airbus during this week's visit to Beijing by Tony Blair, the prime minister's spokesman said on Sunday, Reuters reported.

An Airbus A380, the world's largest passenger plane, flies over the Airbus plant in Hamburg August 27, 2005.
An Airbus A380, the world's largest passenger plane, flies over the Airbus plant in Hamburg August 27, 2005. [Reuters]
The spokesman said the contract would involve "not an insubstantial" amount of money.

The deal will be part of a batch of contracts worth around 2 billion pounds due to be signed between UK firms and China
and India during Blair's four-day tour of the two countries.

He is going for EU summits with both nations at a time when Britain holds the six-month rotating presidency of the 25-member bloc.

Blair hopes to strike deals on trade, investment and climate change at the China meeting which takes place against the backdrop of a spat of textiles exports.

Iain Grey, managing director of Airbus UK, will accompany Blair in China, which is among the fastest-growing air travel markets.

The number of routes between China and Europe is expected to rise to 114 by 2023, compared with 26 routes in 2003, a Boeing study shows, while there were 45 routes linking China and Japan last year compared with nine in 1990.
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