China’s investment spree in UK gave it access to military-grade technology, BBC told
China has financed tens of billions of pounds’ worth of investment in UK businesses and projects this century, some of which gave it access to military-grade technology, BBC Panorama has learned.
The spending spree – worth £45bn ($59bn) at 2023 prices – was at its height following a 2015 Chinese state directive, aimed at making the country a global leader in high-tech industries.
The UK has been the top destination among G7 nations for these investments, relative to the size of its population and economy, according to US-based research group AidData.
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