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Intervention in Chinese chip takeover may take months
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Consortium Prepares Bid to Buy the UK s Biggest Chip Plant Back Off Chinese-Owned Nexperia
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Britain must block sale of tech companies to China, says Tony Abbott
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Beijing – via state-owned China General Nuclear – should never have been involved in such a sensitive industry.
Indeed, I fear this sorry saga is just an extreme example of the incredible naivety of some of our leading politicians towards the People’s Republic.
From the outset it was apparent that allowing China a role in our nuclear new build raised a terrifying spectre: that of a totalitarian state being able to close down a large chunk of the UK’s energy supply.
RUTH SUNDERLAND: Beijing – via state-owned China General Nuclear – should never have been involved in such a sensitive industry (Chinese President Xi Jinping pictured)
The Government is deciding whether to buy equity in the project or invite outside investment.
The discussions have been prompted by security fears over the involvement of China General Nuclear (CGN) in plans to build the £20billion power plant.
Concerns are also growing about China s approach to human rights following a major clampdown in Hong Kong and treatment of Uighur minorities in Xinjiang province, along with the country s handling of Covid-19.
Foreign Secretary Dominic Raab said last year the UK could no longer conduct business as usual with Beijing.
It follows the decision to force Chinese telecoms equipment maker Huawei out of Britain s 5G network. But any move to limit China s role in nuclear energy is likely to provoke further tension.