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Following a visit by Chinese Vice Premier Li Keqiang for four days to the UK, the future of the UK’s Grangemouth oil refinery has been secured along with thousands of jobs. The UK visit by Mr Li, who is tipped to be China’s next leader, is designed to promote trade and political links between the two countries. An agreement has been made with China’s energy giant. Si Bingjun, general manager of PetroChina International London, added: "The framework agreement is consistent with PetroChina’s strategy of building a broader business platform in Europe."

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