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Osborne: UK and China 'have much in common'

14 October 2013 Last updated at 04:09 BST

Chancellor George Osborne has said that the UK and China have "much in common" in a speech on a visit to China.

Mr Osborne told an audience in Beijing the visa process for Chinese visitors coming to the UK would be simplified and described the changes as good for tourism, and good for business.

He also said Britain and China should work together, rather than compete against each other.

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