Chinese mobile gaming company Rekoo has set up shop in London.
The company is the first from mainland China to establish an office in East London's technology hub, christened by Britain's government as "Tech City". It will hire an initial 10 employees and expects to have 25 based in London within three years. The London site will act as a centre for Rekoo’s activies throughout the EU.
Rekoo's move to London coincided with a visit to China by Britain's Finance Minister George Osborne and London Mayor Boris Johnson, who are trying to attract Chinese investment as part of plans to increase bilateral trade to $100 billion by 2015.