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GSK joins China trade push as UK trumpets healthcare deals

Published 22/10/2015, 01:51 am
© Reuters. GSK joins China trade push as UK trumpets healthcare deals
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LONDON, Oct 21 (Reuters) - GlaxoSmithKline's GSK.L chief executive is joining a new panel to promote trade between Britain and China, just over a year after the drugmaker was handed a record fine of nearly $500 million for bribing Chinese doctors.

The group has since been rebuilding its position in China.

The move came as Britain announced the signing of more than 2 billion pounds ($3.1 billion) of healthcare trade deals between Chinese and UK companies, universities and organisations during President Xi Jinping's visit to Britain.

In addition to GSK's Andrew Witty, the China-Britain Business Council said on Wednesday its new 30-strong advisory council would also include WPP WPP.L CEO Martin Sorrell, Jaguar Land Rover boss Ralf Speth, Rio Tinto RIO.L CEO Sam Walsh and HSBC HSBA.L Chairman Douglas Flint. ($1 = 0.6475 pounds)

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