Speeches

Jim Shannon – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Jim Shannon on 2016-01-27.

To ask Mr Chancellor of the Exchequer, what discussions he has had with his Chinese counterpart on developments in the stock market in that country.

Harriett Baldwin

The Chancellor, as well as other HM Treasury ministers and officials regularly meet with their international counterparts to discuss a range of issues, including economic developments in China.

As the Chancellor said during his trip to China in September 2015, the UK should “support and encourage China on this journey of economic change… Both Britain and China also recognise the importance of rebalancing our economies. It’s another way we can partner each other on the journey ahead… As the home to the world’s global financial centre, Britain can support China’s important financial reforms”.