Reported about 18 hours ago
Chancellor of the Exchequer Rachel Reeves will be the highest-ranking British official to visit Beijing in seven years, aiming to enhance economic relations with China during a period of instability in the UK market. This visit signifies a shift in approach under the Labour government, focusing on cooperation despite previous tensions related to the pandemic and security concerns. Reeves's discussions include reviving capital market dialogues and financial regulations, aiming to boost foreign investment and trade as the UK faces challenges in its public finances.
Source: YAHOO