Chinese firms bought nearly £6bn of cut-price UK business during Covid

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Chinese firms snapped up nearly £6billion of cut-price British business in the pandemic

They now own £130billion in assets — from power stations to pubs, to schools.The total number of Chinese-owned companies rose to 15,000 in 2021, from 13,000 last year.

Chinese businesses in the UK with annual revenue of at least £5million rose to 838 in 2020, up from 795 the year before. Takeovers include a £4.2billion deal for waste resources firm ­Viridor by China Resources Group and a £1billion sum for video games developer Sumo Group.applied to study in the UK last year — topping the EU cohort for the first time.Most read in News

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Welcome to Chinese economic imperialism.

Don’t you think the Chinese had this all planned? Create a pandemic then fleece the world.

Wellllllllllllllllll.........

How many did Boris & Co's friends snap up?

Shhhhhh don't say anything.... Your new masters in Beijing are watching

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