When David Cameron flew to Beijing this week at the head of a phalanx of ministers and corporate leaders, it was unlikely the prime minister envisaged that one of the business highlights of the trip would be the export of British breeding pigs to China.
Yet that initiative was among those that UKTI, a government promotion body, chose to highlight. The relative modesty of this and other agreements, such as geographic recognition for Scotch whisky, highlighted the paucity of blockbuster contracts in which Rolls-Royce’s $1.2bn (￡750m) order to supply Trent 700 engines to China Eastern Airlines stands out.
This single Rolls-Royce contract accounted for more than three-quarters of the value of business done on the trip.
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