The minister hosting Britain’s “global investment summit” this week said China is welcome to carry on investing in non-strategic parts of the UK economy and backed Saudi investment in Newcastle United Football Club in spite of human rights concerns.
Anne-Marie Trevelyan, the new international trade secretary, claimed this week’s conference, to be attended by 200 leading investors, would “rocket boost” global interest in Britain, particularly in the green economy.
But she conceded that Britain, as an open economy, was vulnerable to supply chain shocks and that Christmas could be disrupted by global trade problems.
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