China firmly opposes what it called the British government's 'discriminatory actions' against Chinese firms, the country's embassy in the UK said after London intervened in Chinese-linked takeovers eight times in the last year.
BEIJING/LONDON, July 12 - China firmly opposes what it called the British government's "discriminatory actions" against Chinese firms, the country's embassy in the UK said after London intervened in Chinese-linked takeovers eight times in the last year.
"We strongly urge the British side to stop its unreasonable suppression of Chinese enterprises and provide a fair, just and non-discriminatory business environment for them," the Chinese embassy in London said on Wednesday. Britain said that China-related investment accounted for eight of the 15 interventions it had made in its first full-year set of figures of how the law was being used.to sell at least 86% of Britain's biggest microchip factory, Newport Wafer Fab, following a national security assessment under the law.
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