UK–China Economic and Financial Strategy Dialogue Debate

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Department: HM Treasury

UK–China Economic and Financial Strategy Dialogue

Baroness Blackwood of North Oxford Excerpts
Tuesday 4th February 2025

(1 day, 14 hours ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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I am grateful to the noble Baroness for her question. We must, and will, continue to engage with our international partners on trade and investment to grow our economy, while ensuring that our security and values are not compromised. That means finding the right way to build a stable and balanced relationship with China, one that recognises the importance of co-operation and addressing the global issues that we face, competing where interests differ and challenging robustly where we must.

Baroness Blackwood of North Oxford Portrait Baroness Blackwood of North Oxford (Con)
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Given the global financial and AI sector impacts of DeepSeek, what discussions were had about IP exfiltration as part of the national security discussions that the Minister has mentioned?

Lord Livermore Portrait Lord Livermore (Lab)
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I am afraid that I am not aware of any such discussions.