Britain’s Treasury chief is travelling to China this weekend to discuss economic and financial cooperation between the countries, as the U.K.

Britain's Chancellor Rachel Reeves is heading to China this weekend to revive the China-UK Economic and Financial Dialogue—annual bilateral talks suspended since 2019 due to the pandemic and deteriorating relations.

Chancellor of the Exchequer Rachel Reeves will become the most senior British official to visit Beijing in 7 years this weekend as she embarks on a mission to deepen economic ties with China. The trip takes place with UK markets in a state of upheaval,

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

Rachel Reeves was urged to scrap a trip to China to stay in Britain to tackle the nation’s economic woes. The Chancellor was accused of having “fled to China” rather than explain how she will help the UK’s “flatlining” economy after borrowing costs hit a 27-year high and the Pound fell to a year low against the Dollar,