lørdag 11. januar 2025

China and the UK restart economic and financial talks after a 6-year hiatus

China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government seeks to reset strained ties with the world’s second-largest economy. Accompanied by a delegation of British business executives and finance officials, Chancellor Rachel Reeves met with Chinese leaders, including Vice Premier He Lifeng and Vice President Han Zheng.

Reeves emphasized the need for a “stable, pragmatic” U.K.-China relationship as she wrapped up talks in Beijing. “Our two countries can work together on areas of mutual interest in the interests of our citizens, whilst also being frank and open with each other when we disagree,” she said.