Reeves' China trip defended after borrowing cost nerves

Chancellor Rachel Reeves heads to China amidst rising government borrowing costs and a falling pound, facing criticism for not prioritizing economic issues at home. Reeves aims to boost trade and economic ties with China, meeting with senior financial figures and UK firms operating in China. The trip comes as economists warn of potential spending cuts or tax rises to address the increased borrowing costs, with Reeves committed to making significant tax and spend announcements at the autumn Budget.

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