Farage Warns Chinese Interests Lining up for ‘Fire Sale’ of UK Businesses

“It’s not a nice regime. We know they steal intellectual property and we know they have designs to effectively become the global superpower, to take over the world in their own way.”

(Breitbart)  Brexit Party leader Nigel Farage has warned that Chinese interests are lining up to take advantage of the coronavirus crisis by buying “vast swathes of our strategic and manufacturing industries”.

“What is happening right now is that Chinese companies and Chinese money are lining up for what they expect to be a ‘fire sale’ of British businesses,” Mr Farage said during a Facebook live stream on Wednesday.

Mentioning that Germany has put into law protections for German companies against foreign takeover during the coronavirus crisis, he continued: “I fear, we’re going to allow China in to buy up vast swathes of our strategic and manufacturing industries and it just can’t be allowed.

“The problem is is the same mob that sold us out to Brussels are now happy to sell out our sovereignty once again to China and this needs a much bigger, higher, level of debate.”

Last month, Chinese firm Jingye Group bought out British Steel. Former Prime Minister David Cameron and former Chancellor of the Exchequer George Osborne allowed Chinese state-run companies to invest in British nuclear power plants. View article →


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