The chancellor has been criticised for making the trip while the government is under pressure from rising borrowing costs.
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Rachel Reeves says fiscal rules ‘non-negotiable’ during bid to boost ties with China
Rachel Reeves vowed to stand by her “non-negotiable” fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets. Visiting bicycle-maker Brompton’s flagship Beijing store on Saturday,
Rachel Reeves told to cancel China trip as Britain’s market meltdown could trigger ‘1976 level crisis’
Rachel Reeves faces mounting pressure to cancel her trip to China as Britain grapples with a market crisis that has pushed Government borrowing costs to their highest level since the 2008 financial crash.
UK finance minister begins China visit amid government bond crisis
Rachel Reeves is the most senior British government official to visit China since then-PM Theresa May held talks with Chinese President Xi Jinping seven years ago.
Cabinet minister defends Rachel Reeves trip to China during economic crisis
The value of the pound fell to its lowest level in over a year while UK borrowing costs jumped to their highest since the financial crisis
Facing market pain, UK’s Reeves says ‘pragmatic’ China ties will help growth
By Laurie Chen and Andy Bruce BEIJING (Reuters) -British finance minister Rachel Reeves, facing criticism for travelling to China during financial market turmoil at home, said on Saturday that …
Britain’s Treasury chief is heading to China to revive suspended economic and financial talks
Britain’s Treasury chief is travelling to China this weekend in a bid to boost economic and financial cooperation between the countries, as the U.K.’s Labour government seeks to reset strained ties with Beijing.
Rachel Reeves seeks to revive City of London links with China
Rachel Reeves wants to breathe fresh life into a scheme linking the London and Shanghai stock exchanges, as she touts financial services as the “highlight” of Britain’s economic relations with China on Saturday.
‘Pragmatic’ China ties will help growth, U.K.’s Reeves says in Beijing
BEIJING (Reuters) — British finance minister Rachel Reeves, facing criticism for travelling to China during financial market turmoil at home, said on Saturday that “pragmatic and predictable” …
UK finance minister begins China visit amid govt bond crisis
British finance minister Rachel Reeves began a visit to China on Saturday, seeking to revive dialogue with the world’s number two economy as UK borrowing costs soar. They may seek to revive …
Reeves seeking financial ‘common ground’ with Beijing while on Chinese trip
Reeves will meet with her Chinese counterpart Vice Premier He Lifeng in Beijing and is being accompanied by Bank of England Governor Andrew Bailey …
China’s Market Support Falls Short as Economic Gloom Deepens
An escalation of China’s fight against bearish traders has failed to allay fears that the world’s second-largest economy is headed for a deflationary spiral.
China’s yuan boost fails to lift gloomy economic outlook
China’s economy is a disaster, and it’s no secret. The government’s latest attempt to stabilize the yuan and calm the markets is falling flat, leaving traders and analysts unimpressed. Despite frantic …