Chancellor Rachel Reeves visits China to boost economic ties after UK market challenges
Chancellor Rachel Reeves began a two-day visit to China, aiming to strengthen economic ties despite recent market turmoil in the UK. She plans to meet with Chinese Vice Premier He Lifeng to discuss trade and investment. Reeves's trip comes after a selloff in UK assets raised concerns about the country's fiscal stability. She has not addressed these market issues but emphasized the importance of maintaining fiscal rules for economic growth. Accompanied by key financial leaders, Reeves seeks to revive high-level talks with China, which have been stalled since the pandemic. She will also address human rights issues in Hong Kong and China's support for Russia.