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 of the Exchequer Rachel Reeves kicked off a two-day China visit Saturday, a landmark exchange highlighting the Labour government’s efforts to stay focused on long-term plans to get the British economy growing again even as fiscal concerns mount back home.

A defiant Rachel Reeves has defended flying to China for a business trip in the face of fears that Britain is heading for an economic crisis. As the pound hit a new 14-month low and the cost of government borrowing rose again,

China's central bank suspended treasury bond purchases on Friday, briefly lifting yields and spurring speculation it is stepping up defence of the yuan currency which has been sliding since the election of Donald Trump as U.

The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.

China’s central bank has hit pause on government-bond purchases, citing excess demand. The People's Bank of China has already moved to support the country's flagging currency, through sett

Tesla has launched an updated version of its most successful car — but you can't order it in the US yet. The Elon Musk-run automaker unveiled a long-rumored refresh of the Model Y on Friday, with deliveries set to begin in China in March as the company fights off fierce competition from local EV rivals.

Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi .