China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector.

The move comes as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth.

By Laurie Chen and Andy Bruce BEIJING (Reuters) -British finance minister Rachel Reeves said on Saturday during a visit to Beijing that she intended to have "pragmatic" relations with Chinese leaders to boost exports to the world's second-largest economy.

In the first full trading hour of Friday's session, Seana Smith and Madison Mills report on the morning's top market stories. Eurasia Group founder and president Ian Bremmer comes on the program to talk about the expected trade relationship between the US and China under the incoming Trump 2.

The Chancellor called for more UK-China investment, but said this must not come at the price of national security.