Osborne wants more Chinese investment in infrastructure

Hot on the heels of the news that the Chinese want to own more of Hinkley C (see post below) is further news in a Sunday Telegraph two-page spread that George Osborne is keen for them to invest in all areas of the UK economy, particularly infrastructure projects.

However, concerns have been raised that Chinese companies may not be able to adapt to stricter and more stringent regulation than they are used to at home and that they may use other countries to test out new technologies about which they are unsure. [That’s ok – we just keep watering down our regulations to suit them as with the financial regulations on banks, retail tycoons, etc].

Not to mention questions of national security (also in the post below). The Sunday Telegraph goes on to say that in 2013 a parliamentary intelligence and security committee concluded that the UK had left itself vulnerable to [Chinese] state-sponsored spying by allowing Huawai to become involved in the British telecoms industry.

So, that’s why we can’t get rural broadband – our conversations aren’t interesting enough!