Rachel Reeves seeks pragmatic ties with China to enhance UK economic growth
Rachel Reeves, the UK Chancellor, is visiting China to strengthen economic ties amid domestic financial challenges. She emphasized the need for "pragmatic and predictable" relations to enhance trade and support British businesses. Reeves is reviving high-level economic talks that have been stalled since 2019. She met with Vice President Han Zheng and plans to discuss financial services and trade cooperation, including climate change issues. This visit marks a shift from the previous Conservative government's tougher stance on China. The Labour government aims to build a relationship focused on national interests and trade growth, despite potential challenges from U.S. tariffs on imports.