UK Chancellor Rachel Reeves Seeks Economic Reset with China

Reeves aims to strengthen UK-China economic ties while navigating security concerns and geopolitical tensions.

Rachel Reeves is the first UK chancellor in nearly a decade to visit China, signaling a push to revive the UK-China Economic and Financial Dialogue, last held in 2019.
The visit focuses on enhancing trade and investment opportunities, particularly in financial services, while addressing security risks and human rights concerns.
The UK government emphasizes a 'pragmatic' approach to China, balancing cooperation, competition, and challenges, including issues like Hong Kong democracy and Uyghur repression.
The delegation includes top financial figures, such as the Bank of England governor and HSBC's chair, underscoring the priority of financial collaboration in the discussions.
Reeves' trip occurs against a backdrop of strained US-China relations, with experts warning of risks tied to UK dependencies on Chinese supply chains and technology.