UK finance minister seeks ‘pragmatic’ relations with China to boost trade

Britain’s Chancellor of the Exchequer Rachel Reeves (1st-L) talks with Brompton’s employees at a Brompton flagship store in Beijing on January 11, 2025. (Pool via REUTERS)
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Updated 11 January 2025
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UK finance minister seeks ‘pragmatic’ relations with China to boost trade

  • Rachel Reeves is seeking to revive high-level economic and financial talks that have been frozen since 2019
  • China is Britain’s fourth-largest trading partner, accounting for goods and services trade worth almost $138 billion

BEIJING: British finance minister Rachel Reeves said on Saturday during a visit to Beijing that she intended to have “pragmatic” relations with Chinese leaders to boost exports to the world’s second-largest economy.
Under pressure from market turmoil at home, Reeves is seeking to revive high-level economic and financial talks that have been frozen since 2019.
She joins the UK-China Economic and Financial Dialogue meeting in Beijing with Chinese Vice Premier He Lifeng on Saturday, before traveling to Shanghai, accompanied by Bank of England Governor Andrew Bailey and other finance leaders.
She is due to discuss financial services, trading ties and the importance of cooperation on issues like climate change, the Treasury said.
Her appearance offers a chance to persuade investors that she has plans to deal with a sharp increase in British government borrowing costs, due in part to a global bond selloff which threatens to derail her budget plans.
“The fiscal rules that I set out in my budget in October are non-negotiable and growth is the number one mission of this government to make our country better off,” Reeves told reporters after visiting a Brompton bicycles shop in Beijing.
“That’s why I’m in China to unlock tangible benefits for British businesses exporting and trading around the world to ensure that we have greater access to the second-largest economy in the world.”
Reeves’ visit follows a dialogue opened last year between Prime Minister Keir Starmer and President Xi Jinping, the first between the two countries’ leaders since 2018.
The approach taken by the Labour government, elected in July, contrasts with the previous Conservative administration which took a robust approach to differences with China — particularly over human rights, Hong Kong and allegations of Chinese espionage.
Asked on Thursday if Reeves would raise human-rights issues, Starmer’s spokesperson said her visit would fit with London’s stance that it would take a strategic approach to China and challenge it “robustly” when necessary.
Starmer has long described his desire to build a relationship with China that is “rooted in the UK’s national interests” by boosting trade, a task that may become more difficult if US President-elect Donald Trump follows through on his threat to impose tariffs on all imports.
Asked whether Britain would follow Washington and Brussels in imposing tariffs on Chinese electric vehicles, Reeves said: “We keep issues under review but we make decisions in our national interest.”
British car manufacturers “like Jaguar and Land Rover export substantially to Chinese markets, and we want to help them to grow.”
China is Britain’s fourth-largest trading partner, accounting for goods and services trade worth almost 113 billion pounds ($138 billion).

 

 


Boys recount ‘torment’ at hands of armed rebels in DR Congo

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Boys recount ‘torment’ at hands of armed rebels in DR Congo

BUNIA: Forcibly recruited into a rebel militia affiliated with the Daesh group, two boys revealed the “torment” of living in its camps as members committed massacres in the Democratic Republic of Congo’s northeast.
The two minors freed from the Allied Democratic Forces (ADF) gave AFP an unprecedented account of the shadowy group, notorious for its extreme brutality.
Paluku, a frail 12-year-old, spent two months with the ADF after rebels killed his mother during an attack on his village in eastern North Kivu province. His brother and sister were also captured.
Edouard, 17, spent a gruelling four years with the ADF — formed by Ugandan rebels who took refuge in DRC — after he was kidnapped at age 12.
The two boys, using pseudonyms, spoke on condition of anonymity at a center specializing in the care of minors recruited by armed groups in the region, whose location AFP has chosen not to disclose to avoid potential reprisals.
Their accounts were confirmed by health and security sources.
Round-faced Edouard, a fast-talker, did not mince his words in describing his years of “torment” within the ADF.
“We suffered terribly,” he said.
After their capture, Edouard and Paluku were sent to ADF bases hidden in the dense forest of northeast DRC where the elusive rebels avoid patrols by the Congolese army and Ugandan forces deployed there since 2021.
The bases consist of simple tents and tarps, easy to move in the event of an attack.
Most occupants are women and children, according to security sources, contributing to the group’s operations — but also serving as human shields.
New recruits are swiftly forced to convert to Islam and learn Arabic, but also English and Swahili, Edouard said.
“I was also trained in medicine to treat the wounded, and we learned how to handle weapons and clean them,” he said.
Paluku said he underwent similar training, as well as learning how to “steal food, clothing and medicine to bring back to the ADF camp.”

- Floggings -

Children play a central role in supplying the group, security sources said. Those who fail to bring back loot face severe punishment.
The wives of the ADF commanders, some of whom are particularly influential, also exercise power over the young recruits.
When the fighters go out on “operations,” the youngest among them like Paluku, were “supposed to bring something back for the chief’s wife,” he said, like soap, cooking oil or fabric.
“To get it we have to loot people’s belongings, and if a chief’s wife accuses you to her husband of not bringing back what she asked for, she can demand that you be killed,” he said.
Edouard and Paluku said they were subjected to incessant corporal punishment.
Girls and boys were whipped or thrown into pits for several weeks over the slightest misbehavior.
“I was punished with lashes because I refused to go kill people,” Paluku said with a long stare.
Edouard took part in combat with the group at least three times against the Congolese army or local militias.
“They beat us mostly when we lost our weapons and ammunition, claiming we had wasted them for nothing or lost them on the front,” he explained.
Faced with such an accusation, Edouard said a chief ordered that he be whipped.
“I fell ill because of those lashes. I told the chief outright I was no longer able to go fight on the front, I begged him to send others who were capable, but that made him even more angry, and I was whipped once again,” he said.

- Trauma -

About 10 children freed from the ADF arrive on average each month at the reception center in the troubled northeast Ituri province.
“These children have suffered psychological trauma and torture, and when they arrive here, most are aggressive,” said Madeleine, a psychologist at the center.
After a few weeks spent around other children and staff, their aggression fades, she said.
But there are other scars to contend with.
Edouard became addicted to drugs administered by the rebels after he was wounded in combat.
Suffering from speech disorders, he talks constantly and sometimes incoherently, disturbing other residents, Madeleine said.
After a year at the center receiving ongoing treatment, Edouard recounted the horrors of his experience with a shy smile and a lively, excitable gaze.
Paluku meanwhile had a darker expression, recalling his sister who remains a hostage.
“She has become the wife of one of the ADF chiefs,” he said.