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Chinese Foreign Ministry Spokesperson's Comment on the UK's Interfering in A Chinese Company’s Normal Investment Cooperation in Britain
2022-11-18 11:10

Bloomberg:  Earlier this week, the UK ordered China’s Wingtech Technology company to  undo its acquisition of Britain’s biggest microchip factory. And that  was more than a year after the deal had been closed. The reasons behind  this were cited as national security concerns. What does the foreign  ministry make of this decision by the UK government to undo the deal  between a Chinese company and this British microchip factory?

Mao Ning: The company concerned has issued a statement on this. Its UK  Country Manager commented that this decision sends a clear signal that  the UK is closed for business. The UK has overstretched the concept of  national security and abused state power to directly interfere in a  Chinese company’s normal investment cooperation in Britain. This  violates the lawful rights and interests of the company concerned, and  the market economy principles and international trade rules which the UK  has long claimed itself to be a champion of. We firmly oppose the UK’s  move, and call on the UK to respect the legitimate rights and interests  of Chinese companies and provide a fair, just and non-discriminatory  business environment.

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