UK-China Economic and Financial Dialogue Debate

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Department: HM Treasury

UK-China Economic and Financial Dialogue

Tim Roca Excerpts
Tuesday 14th January 2025

(1 day, 14 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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I was not seeking assurance from any foreign Government on the performance of this Government. What I was seeking—I achieved this in China—were tangible outputs for British businesses trading overseas, helping to create more good jobs that pay decent wages here in Britain. The Conservative party absolutely failed to do that in 14 years.

Tim Roca Portrait Tim Roca (Macclesfield) (Lab)
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I thank the Chancellor for her statement. I particularly welcome the fact that she raised the issues of Jimmy Lai and human rights in Beijing, which is really important. After 14 years of the Conservative party’s inconsistency on China, does she agree that we need a cross-Whitehall strategy and a pragmatic approach?

Rachel Reeves Portrait Rachel Reeves
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What is really important is that we take decisions in Britain’s national interest. Taking decisions in the national interest means engaging with our trading partners all around the world, which is why, since being appointed as Chancellor, I have been to Brussels to reset our relations with the European Union, as well as to Washington and New York to welcome investment from overseas. I have secured £600 million-worth of benefits for UK businesses doing business in China.