'Pragmatic' China ties will help growth, U.K.'s Reeves says in Beijing

Finance minister says visit aims to unlock 'tangible benefits for British businesses'

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Britain's Chancellor of the Exchequer Rachel Reeves and Chinese Vice President Han Zheng attend a meeting at the Great Hall of the People in Beijing on Jan. 11. © Reuters

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.

Under pressure from a sharp rise in British interest rates, Reeves defended her budget at the start of the two-day visit to China, where she is seeking to revive high-level economic and financial talks that have been frozen since 2019.

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