China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing

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.

By Laurie Chen and Andy Bruce 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.

Chancellor of the Exchequer Rachel Reeves kicked off a two-day China visit Saturday, a landmark exchange highlighting the Labour government’s efforts to stay focused on long-term plans to get the British economy growing again even as fiscal concerns mount back home.

It follows criticism of the chancellor's trip which comes at a time of economic unease as UK borrowing costs rise.

Tesla watchers were taken by surprise when a redesigned version of the Model Y electric crossover SUV, which was not announced by Tesla, showed up on the company's website in China and in nearby markets.

Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi.