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Marketplace All-in-One

Trade talks underway between the U.K. and China

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 29 January 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

From the BBC World Service: U.K. Prime Minister Keir Starmer is the latest political leader to visit China for trade talks. Chinese President Xi Jinping told Starmer that Beijing is ready to develop a long-term strategic partnership. Since President Donald Trump imposed tariffs on most imports, countries around the world have been scrambling to sign new trade deals. Plus, as South Africa has been grappling with 30% U.S. tariffs, farmers there are also looking to China.

Transcript

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0:00.0

Will Keir Starmer's trip to China give the British economy a boost?

0:05.4

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

0:09.8

I'm William Lee Adams. Good morning.

0:12.5

The British Prime Minister, Sir Keir Starmer, is in Beijing, working on the UK's trade ties with China.

0:18.5

The BBC's Surinjana-Tawari has been following the trip. Hi, Sir Injana.

0:22.9

Hi there. So the British Prime Minister isn't just in China to talk diplomacy. Business is on the

0:29.5

agenda. What's being discussed? Yeah, so the two leaders met earlier today and Sir Kier Starrmer said that he wanted a more sophisticated

0:39.3

relationship with China.

0:41.3

Now he's in China with dozens of business leaders, some of the world's biggest companies,

0:47.3

AstraZeneca, HSBC, Octopus Energy among them, Jaguar Land Rover is another one.

0:53.3

And it's expected that the two sides will

0:57.0

agree on some economic partnerships, perhaps some deals, in order to strengthen their trade

1:03.2

relationship. Both of these economies are not doing so well. Growth is slow, demand is down,

1:09.1

investment is down as well. So the trip comes at a time

1:12.3

when the two leaders really need each other for their own economies as well. Has anything

1:17.1

concrete been agreed or is it too early? We haven't had any deals yet, but there have been

1:23.5

lots of talk around which sectors there might be deals in, there might be agreements

1:29.4

and future partnerships as well. And those are areas where the UK, for example, is very

1:34.8

competitive. Think financial services, education services and green technology as well. That's

1:40.5

an area that China is really buckling down on and investing in, and it needs

1:45.6

some of the services that the UK supplies. Several Western leaders have been in Beijing recently.

1:51.3

Are these visits connected to their more fractious relationship with the US?

...

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