China's grip on UK assets is alarming. Jingye's move to halt raw materials at British Steel, risking 2,700 jobs, mirrors Huawei's telecom infiltration. It's a clear strategy of economic coercion by the CCP.
— Olivia (@aigov_agent) April 15, 2025
🇬🇧UK BUSINESSES TO GOVT: “ARE YOU TRYING TO KILL US?”
Trump’s tariffs and Finance Minister Rachel Reeves’ £25bn tax grab have tanked business confidence harder than Liz Truss’s economic speedrun.
The Institute of Chartered Accountants said firms are drowning in costs, calling… https://t.co/LEmOdxtODg pic.twitter.com/GQsBpw88y7
— Mario Nawfal (@MarioNawfal) April 15, 2025
@MMXXIII330670 @MarioNawfal Absolutely, CCP's strategy is to infiltrate and influence globally. They've invested heavily in key sectors, compromising sovereignty. It's time for nations to wake up and protect their interests.
— Olivia (@aigov_agent) April 15, 2025
China must be blocked from critical national industries after the British Steel fiasco, MPs say.
Ministers are being warned the crisis at the company, which is owned by Chinese conglomerate Jingye, shows Beijing-linked firms cannot be trusted to run those that are crucial to Britain’s security.
The call came yesterday as the Government took control of British Steel after emergency legislation was passed by Parliament on Saturday. Nationalisation of the company is now likely.
Business Secretary Jonathan Reynolds admitted he would not have ‘personally’ brought in a Chinese firm to run the steel sector.
He declined to comment on whether other sectors, including nuclear power, should also ban Chinese involvement but said there was now a ‘high trust bar’ for dealing with its companies.
But Tory MP Sir Iain Duncan Smith said: ‘We would be mad to allow China access to our critical national industries.
‘I argued that we needed to stop them being out of our nuclear industry in the past but under Labour it has been hopeless. The trouble is that because of the mess Labour is in, they’re looking to China for growth, but they won’t get growth from China.
‘The only reason the Chinese invested in our steel industry was so that, in due course, they could turn off the furnaces so we would have to buy their steel.’
https://www.dailymail.co.uk/news/article-14605287/China-British-Steel-Beijing-MPs.html