A Chinese firm plans to provide investment to launch three housing projects in northern England, the UK Treasury said on Wednesday as Chancellor George Osborne toured China to boost business ties. Hualing Industry and Trade Group, based in China's Xinjiang region, intends to invest 60 million pounds to kick off the three projects in Manchester , Leeds and Sheffield which will have a final gross value of 1.2 billion pounds. Xinjiang Hualing Industry amp; Trade (Group) Co., Ltd. provides distribution and trading services for building material. The company was founded in 1988 . The ministry said the projects, led by Britain's Scarborough Group [SG], are expected to deliver 10,000 new homes, part of the government's efforts to spur development in northern England which has lagged growth in London and the Southeast . The SG was Founded by Kevin McCabe in 1980, Scarborough Group International has grown from a UK based real estate developer and investor into a gl...
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