Investments from China and other hostile states pose a risk to Britain’s national security and should be banned from the UK’s defence supply chain, a British parliamentary committee said on Sunday. The cross-party Defence Select Committee warned that Britain’s defence supply chain has been “open to potentially hostile foreign involvement” as a result of the Ministry of Defence’s “country-agnostic” handling of inward investment. The committee recommended that the Ministry of Defence publish a list of approved countries from whom investment should continue. It said “all those countries falling outside of this list should be barred from investing in the UK’s defence supply chain, including China and Russia. The warning was issued in a report published on Sunday following an inquiry into the vulnerabilities of the UK’s defence supply chain during the COVID-19 pandemic, which was caused by the CCP (Chinese Communist Party) virus, commonly known as the novel coronavirus. The …
China Must Be Banned From Investing in UK Defence Supply Chain, Lawmakers Say
February 14, 2021
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