UK Hosts China Trade Talks, Launches New 'Trade Booster' to Boost Services Exports by £Billions
UK Trade Secretary Peter Kyle will meet China’s Commerce Minister Wang Wentao in London on Tuesday for the 15th UK–China Joint Economic and Trade Commission, aiming to increase British services exports to China. During the visit, the two sides will launch a “trade booster” initiative designed to help UK businesses expand their sales into China, with companies such as Brompton Bikes and HSBC attending the event [186146].
Separately, Chinese Foreign Minister Wang Yi met his Saudi counterpart Prince Faisal bin Farhan al-Saud in Beijing on Tuesday, reaffirming China’s strong support for negotiations in the Middle East and calling for sustained dialogue despite a fragile ceasefire. “Talking is better than fighting, and dialogue is better than confrontation,” Wang said, according to a statement released by China’s foreign ministry [186122]. Wang stressed the importance of dialogue between the United States and Iran, calling for renewed talks to ease tensions in the region. The Saudi minister did not make a public statement on the proposal [185711]. The meeting highlights China’s growing role as a diplomatic broker in regional conflicts [185711].
The Saudi foreign minister’s visit to China from Tuesday to Wednesday comes as tensions between the United States and Iran increase again, signaling ongoing diplomatic efforts in the region [184492].