UK-China Economic and Financial Dialogue Debate

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Department: HM Treasury

UK-China Economic and Financial Dialogue

Ben Spencer Excerpts
Tuesday 14th January 2025

(1 day, 16 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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We just have to look at what the businesses have already said about the deal we managed to secure last week. There are tangible benefits for British businesses exporting to China, helping to create more good jobs paying decent wages here in Britain. It has been welcomed by businesses. It is a shame that the Conservative party no longer stands up for British businesses.

Ben Spencer Portrait Dr Ben Spencer (Runnymede and Weybridge) (Con)
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We have an embargo on Russian oil and gas. China continues to import it, and apparently Russia will be China’s No. 1 supplier this year. Did the Chancellor raise this with her counterparts on her trip to China, and what assessment has she made so that her deal does not inadvertently support the Russian war effort?

Rachel Reeves Portrait Rachel Reeves
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As I have already said in the House today, I raised the issue of Chinese companies supplying the Russian Government. Indeed, the hon. Gentleman will know that last week, alongside the United States, we increased sanctions on Russian oil and gas to make it harder for Putin to continue to conduct his illegal war.