Rachel Reeves’s visit to China is well-timed, at least from her perspective. With bond yields soaring, fiscal headroom evaporating, and the country running perilously low on gas reserves in the middle of a cold snap,

Today, Paddy and Laura discuss Rachel Reeves’ trip to Beijing to meet with her Chinese counterpart. But some of the opposition are saying she shouldn’t have gone at a time when soaring government borrowing costs threaten to squeeze UK public finances.