Chancellor Rachel Reeves visits China for trade talks amid UK economic challenges
Chancellor Rachel Reeves is in Beijing for trade talks aimed at improving UK-China relations. This visit comes as the UK faces economic challenges, including rising borrowing costs and concerns over fiscal stability. Reeves plans to discuss trade and investment while addressing issues like China's support for Russia and human rights in Hong Kong. The Chancellor's trip may be complicated by warnings of potential tax hikes or spending cuts due to economic pressures. Despite the turmoil, Culture Secretary Lisa Nandy expressed confidence in Reeves' efforts to stimulate growth. The government aims to establish a stable economic relationship with China while navigating current economic difficulties.