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Facing market pain, UK's Reeves says 'pragmatic' China ties will help growth

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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 "pragmatic and predictable" relations with Beijing would help boost economic growth and trade.
The article discusses UK Shadow Chancellor Rachel Reeves' perspective on the economic relationship between the UK and China amidst global market challenges. Reeves emphasizes the importance of maintaining pragmatic ties with China to foster economic growth, despite the geopolitical tensions and market volatility. She highlights that while the UK must address security concerns and human rights issues, completely decoupling from China is not feasible due to the economic interdependence. Reeves advocates for a balanced approach where the UK can benefit from trade and investment with China while also protecting national interests and values. This stance comes at a time when global markets are experiencing significant fluctuations, and the UK is looking for ways to stabilize and grow its economy.

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[ https://www.msn.com/en-gb/money/other/facing-market-pain-uk-s-reeves-says-pragmatic-china-ties-will-help-growth/ar-BB1rgEKJ ]