The chancellor's gamble with China: What price is Rachel Reeves willing to pay for closer trading ties?

Friday, 10 January 2025

The chancellor's gamble with China: What price is Rachel Reeves willing to pay for closer trading ties?

Given gilt yields are rising, the pound is falling and, all things considered, markets look pretty hairy back in the UK, it's quite likely Rachel Reeves' trip to China gets overshadowed by noises off.

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Video Credit: ODN - Published on January 11, 2025

News video: Reeves defends fiscal rules during China visit

Reeves defends fiscal rules during China visit 01:22

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, the Chancellor declined to give a running commentary on the financial...

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