China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government seeks to reset strained ties with the world’s second-largest economy.

The Treasury said Friday that Rachel Reeves will travel to Beijing and Shanghai and will meet with her Chinese government counterpart, Vice Premier He Lifeng. Reeves' trip is expected to revive the China-U.

Britain's Chancellor Rachel Reeves is heading to China this weekend to revive the China-UK Economic and Financial Dialogue—annual bilateral talks suspended since 2019 due to the pandemic and deteriorating relations.

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.

Closer links with China are “crucial” for economic growth, Rachel Reeves has said...

Rachel Reeves has said the UK has "no choice" but to engage "confidently" with China, as she arrived in Beijing to begin what she described as "financial dialogue" between the nations.