HM Treasury published a readout of the Chancellor of the Exchequer’s call with Chinese Vice Premier He Lifeng, in which both sides committed to continued dialogue and pragmatic cooperation on economic growth and financial stability. They emphasized the importance of bilateral relations across trade, investment and financial services, with the Chancellor looking ahead to the next UK-China Economic and Financial Dialogue in London. The discussions also covered cooperation through the Group of 20 to support the international financial system and address global economic challenges. The Chancellor raised macroeconomic imbalances and Russia’s war in Ukraine, while reaffirming a consistent, long-term and strategic UK approach to relations with China.
HM Treasury reports UK and China commitment to continued economic and financial dialogue
HM Treasury reported that the UK and China committed to continued dialogue and cooperation on trade, investment, financial services and financial stability. The Chancellor also raised macroeconomic imbalances and Russia’s war in Ukraine ahead of the next UK-China Economic and Financial Dialogue in London.