UK–China Economic and Financial Strategy Dialogue

Debate between Lord Livermore and Baroness Eaton

Tuesday 4th February 2025 Lords Chamber

[Lord Livermore (Lab)]

It is not for the UK to comment on US-China relations.

[Baroness Eaton (Con)]

My Lords, what assessment have the Government made of the potential risks associated with increased economic engagement with China? What strategies are in place to safeguard against such vulnerabilities?

[Lord Livermore (Lab)]

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.