Reeves emphasizes fiscal rules as key to strengthening UK-China investment ties

UK Chancellor Rachel Reeves emphasized her "non-negotiable" fiscal rules during her visit to China, aiming to strengthen investment ties while prioritizing national security. She stated that economic stability is crucial for growth. Reeves's trip follows rising gilt yields, raising concerns about meeting fiscal targets without deeper budget cuts. The Labour Government seeks to improve UK-China relations after a period of tension under previous administrations. During her meetings, Reeves highlighted the need for frank discussions on disagreements, particularly regarding human rights and geopolitical issues. She plans to continue her trip in Shanghai after Beijing.