Tuesday , 24 December 2024
Home Forex British envoy Lammy embarks on China mission to mend ties
Forex

British envoy Lammy embarks on China mission to mend ties

British Foreign Secretary Lammy to visit China in bid to reset strained ties

Full Story on PiQ Suite

Britain’s Foreign Secretary David Lammy is set to visit China next week, aiming to reset relations strained by issues surrounding Hong Kong, rights abuses, and espionage accusations.

The new Labour government seeks to adopt a less confrontational approach toward Beijing, while acknowledging areas of disagreement. Lammy will meet Chinese officials in Beijing and business leaders in Shanghai.

This visit follows recent diplomatic efforts to strengthen economic ties while addressing sensitive political issues between the two nations.

This article was written by Ryan Paisey at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

MUFG Bank see potential for the euro to parity against the US dollar in the next 3 months

MUFG Bank expects the euro to weaken against the dollar, potentially approaching...

UBS halved its expectation for Federal Reserve rate cuts in 2025, to 50bp only (from 100)

UBS analysts suggest that the Federal Reserve is likely to maintain its...

Japan Finance Minister Kato verbal intervention effort trying to support the yen

Japan Finance Minister Kato with some typical verbal intervention efforts:Says it is...

PBOC sets USD/ CNY reference rate for today at 7.1876 (vs. estimate at 7.3031)

The People's Bank of China set the onshore yuan (CNY) reference rate...