UK Treasury Chief Visits China to Revive Economic Dialogue
Rachel Reeves seeks to bolster trade ties and address critical issues during the first high-level UK-China talks in nearly a decade.
- Chancellor Rachel Reeves is leading a UK delegation to China, aiming to restart the Economic and Financial Dialogue suspended since 2019.
- The visit focuses on improving trade and investment relations while addressing UK businesses' challenges in accessing the Chinese market.
- Reeves plans to discuss human rights concerns, including the detention of British citizen Jimmy Lai, and urge China to end support for Russia's war in Ukraine.
- The trip comes as the UK faces financial pressures, including rising government bond yields, prompting criticism from political opponents about the timing of the visit.
- Labour leaders are pursuing a 'pragmatic' approach to China, balancing economic cooperation with national security and human rights concerns.