Chinese President Xi says to UK PM Starmer that the UK-China relationship in recent years had seen “twists and turns that did not serve the interests of our countries”

• China stands ready to develop with the UK a long-term and consistent strategic partnership .
• More dialogue between the UK and China was “imperative”.

Xi's remarks signal a potential thaw in UK-China relations, emphasizing the need for more dialogue and a stable partnership. This could have positive implications for trade and investment flows between the two nations, influencing market sentiment towards risk assets associated with both countries. Traders should monitor how this evolving dialogue might affect related sectors and currencies, particularly if it leads to improved economic ties.