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International Business Times
International Business Times
World

UK Finance Minister Begins China Visit Amid Govt Bond Crisis

Rachel Reeves China United Kingdom Sir Keir Starmer David Lammy Xi Jinping Beijing Economy
Chancellor of the Exchequer Rachel Reeves is the most senior British government official to visit China in seven years (Credit: AFP)

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.

Reeves, whose formal title is Chancellor of the Exchequer, is the most senior British government official to visit China since then-prime minister Theresa May held talks with President Xi Jinping seven years ago.

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