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<p>Over the last decade, the United Kingdom has developed strong financial links with
both India and China through the Economic & Financial Dialogues held with each
country. For example, agreements have been reached with China that have established
London as the leading global centre for Renminbi trading, with a 39% share – more
than Hong Kong and New York combined. And the City of London has played a key role
in the development of the Indian masala bond market, with over US$5 billion raised
through masala bonds on the London Stock Exchange to date. The Government is looking
forward to holding the tenth edition of the dialogues with both India and China in
2019.</p><p> </p>
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