“We have a pragmatic ​relationship with China, one where we cooperate on things ​that we agree on, but also challenge in areas where we ‌disagree,” ⁠Reynolds said. “The whole issue of global imbalances is quite a sensitive one and a tricky one, but it’s one that, we will we will navigate.”

“As a general rule, we are a very open trading ⁠economy, ​and we believe, sort of as ​a general principle, that free trade is better than putting up barriers,” ​she said.