Guo Yan Suppressing Chinese companies will not solve the UK s economic problems

Mondo Social Updated on 2024-01-30

According to the UK**, the British National Grid has begun to remove components provided by a Chinese subsidiary in the UK from the UK's transmission network due to concerns about "cybersecurity". The UK's highly politicized approach to commercial and technological issues and its unreasonable crackdown on Chinese companies will inevitably shake the openness and credibility of the UK market, and will not solve the economic problems faced by the UK itself.

Under the banner of "security" to suppress Chinese companies, the UK has carried out similar operations more than once. In July 2020, the United Kingdom followed the United States' sanctions on Huawei and decided to impose restrictions on Huawei's 5G equipment and services. In July last year, the United Kingdom banned a Chinese company from acquiring intellectual property related to visual sensing technology from the United Kingdom on the grounds of "**". It was disclosed in July this year that the UK used its "power" to review 65 investments in the UK in a year, of which more than 40% were related to China, and 8 transactions involving Chinese investment in the UK were eventually intervened by the UK.

The British side has intensified its crackdown on Chinese companies, but it has not been able to produce conclusive evidence, so it can only make up excuses frequently. In response to the incident, an employee of the Chinese company's subsidiary in the UK said that engineers had conducted tests and did not find any potential risks.

Some people in the UK would rather be repeatedly "slapped in the face" than generalize the concept of "**", and insist on interfering with the normal operation of Chinese enterprises, which is nothing more than to seek political self-interest. Some British politicians have long viewed China's development through colored glasses, trying to win the attention and support of anti-China elements by smearing Chinese companies and "pouring dirty water" on China. For this reason, when they exaggerate the "China threat theory", they even go to the ridiculous level of being a soldier. According to a report by the British "Daily Telegraph" in August, a senior British ** claimed that China is using electric vehicles to collect information on British citizens. In October, the head of the British intelligence service even lied that China was carrying out an "epic scale" espionage operation against the UK in order to steal sensitive information such as British scientific research results.

In addition, some of the UK's unreasonable suppression of Chinese companies has also been "taken into the driver's seat" by the US bullying policy, and it has ignored the facts in order to "take sides". Former British Business Secretary Cable has publicly stated that the UK's decision to ban the use of Huawei's 5G equipment and services is due to pressure from the United States.

According to reports, the British National Grid is racking its brains to improve the grid facilities, because the backward grid facilities are dragging down the UK's energy transition, which is a typical portrayal of the current situation of the British economy. If the UK does not change its prejudice against China and correct its erroneous policies related to Chinese enterprises, I am afraid that there will be a shortage of solutions to the problems of the British economy. Unreasonably suppressing Chinese enterprises and interfering with Sino-British investment is really a misuse of energy. (This article**: Economy** Author: Guo Yan).

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