The Chinese government are propping up George Osborne's pet projects
The Chinese President’s visit to the UK ended today in the heart of the Northern Powerhouse. David Cameron took Xi Jinping up to Manchester to announce various new deals that supposedly demonstrate China’s commitment to the British economy. The Prime Minister said the president’s appearance in Manchester highlighted China’s commitment to the northern project and will ‘see real investment going into the north.’ But how much money is China really putting into the Northern economy? Today’s FT says the deal is netting just £4 million of actual investment for the North — the Beijing Construction and Engineering Group will finance the construction of an apartment block at Middlewood Locks, a