The chancellor's gamble with China: What price is Rachel Reeves willing to pay for closer trading ties?
The UK sticks out diplomatically and economically by refusing to impose extra tariffs on Chinese car companies. In return, Britain is hoping to boost exports of financial services in the coming years.
Given gilt yields are rising, the pound is falling and, all things considered, markets look pretty hairy back in the UK, it's quite likely Rachel Reeves's trip to China gets overshadowed by noises off.
No doubt it is quite likely that Rachel Reeves's trip to China gets overshadowed by noises off. Those noises off are a sound reason for sending her there for a while, but it isn't far enough.
Given friendlier relations with Elon Musk, a more suitable location might have been Mars, but China will have to do for now.
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