Question: According to media reports, the UK Cabinet Office released the results of its investment assessement on the implementation of the National Security and Investment Act 2021 covering 2022-23. Among the projects that the government chose to call in, more than 40 percent were related to investments associated with China, one-third involved acquirers associated with the UK, while one-fifth involved US-linked investors, and eight transactions involving Chinese-linked investment were issued final orders. What is your comment?
Embassy Spokesperson: We have taken note of relevant media reports. Facts have fully demonstrated that the UK government has adopted discriminatory practices against investment by Chinese companies, and we firmly oppose it.
It must be pointed out that China-UK economic and trade cooperation should follow the principle of equality and mutual benefit. Abusing the national security law to deliberately suppress foreign enterprises violates WTO rules, and brings nothing but harm to others as well as oneself.
We strongly urge the UK to stop its wanton suppression of Chinese companies and instead provide them with a fair, just and non-discriminatory business environment.
|