British finance minister Rachel Reeves will try to build "common ground on trade and investment" during a trip to China this weekend, the Treasury said on Saturday, in the latest move by the government to thaw ties with Beijing.

Chancellor Rachel Reeves faces demands to cancel a trip to China as the UK economy descends into chaos. She is jetting off to Beijing despite fears that a crisis on the financial markets could force her to impose fresh tax hikes or impose swingeing spending cuts.

It said the envoy would also hold talks with Trump's team. Xi could send Han Zheng, a vice president who sometimes stands in for him in ceremonial roles, while another option was Foreign Minister Wang Yi,

Chinese leader Xi Jinping will send a high-ranking envoy to Donald Trump's inauguration, signalling a reduction in tensions between China and the incoming US administration. Source: Financial Times, citing several individuals familiar with the negotiations Quote: "China's President Xi Jinping will send a high-level envoy to Donald Trump's inauguration,

Chinese President Xi Jinping will be sending a high level envoy in his stead to attend U.S. President-elect Donald Trump's inauguration, according to the Financial Times.