Starmer to Visit China with Reeves Amid Trump's Trade Policies, Europe Eyes Beijing

World
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Moneycontrol•24-01-2026, 17:40
Starmer to Visit China with Reeves Amid Trump's Trade Policies, Europe Eyes Beijing
- •UK Prime Minister Keir Starmer and Finance Minister Rachel Reeves will visit China to explore business opportunities, driven by uncertainties from US President Donald Trump’s trade policies.
- •Britain aims to promote financial products, luxury goods, and whisky to China, while China invests in UK renewable energy, infrastructure, and real estate.
- •The trip proceeds after the British Parliament approved China's plan to build Europe’s largest embassy in London, despite espionage concerns.
- •China was Britain’s fourth-largest trading partner, with trade reaching £100 billion in the 12 months to Q2 2025.
- •Other nations like Canada and Germany are also strengthening ties with China, seeking to reduce reliance on the US and diversify trade.
Why It Matters: European nations, including the UK, are strengthening economic ties with China amidst US trade policy uncertainties.
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