€3.1 billion worth of contracts with China. At the beginning of 2011, contracts worth more than £2.6 billion (€3.1 billion) were signed between China and the United Kingdom. Contracts include the sale of 40,000 Jaguar and Land Rover vehicles in China this year, which are worth more than £1 billion (€1.2 billion), and an agreement between the oil groups BP and China National Offshore Oil Corporation (CNOOC) on deepwater drilling exploration in the South China Sea. (I.L./transl.fl)