June 11, 2019 / 10:42 AM / 8 months ago

UK to host economic talks with China on June 17

FILE PHOTO: Chancellor of the Exchequer Philip Hammond speaks at the launch of a report, by living standards think tank the Resolution Foundation, on the impact of the higher minimum wage at the Resolution Foundation offices in London, Britain May 30, 2019. Jonathan Brady/Pool via REUTERS

LONDON (Reuters) - Britain and China will hold the next round of talks about their economic and financial ties on June 17, Britain’s finance ministry said on Tuesday.

“Our economic and financial relationships with countries like China are key to our global future, and this tenth EFD (Economic and Financial Dialogue) will see the golden era of relations between our two countries further strengthened,” British finance minister Philip Hammond said in a statement.

Hammond and China’s vice premier, Hu Chunhua, would discuss multilateral and bilateral economic issues, financial services cooperation, and trade and investment, the ministry said.

Britain is seeking to develop deeper global trade and investment ties as it prepares to leave the European Union. But relations between London and Beijing have been strained in recent years, most notably after a British warship sailed close to islands claimed by China last August.

Writing by William Schomberg; editing by Michael Holden

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