Chinese Firms Control £190bn UK Assets Including Migrant Hotels Earning £15m Annual Contracts
Chinese Firms Control £190bn UK Assets Including Migrant Hotels Earning £15m Annual Contracts

Chinese Firms Control £190bn UK Assets Including Migrant Hotels Earning £15m Annual Contracts

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Recent reports and audits have revealed that Chinese Communist Party-linked entities control approximately £190 billion in UK assets, including significant shares in infrastructure, schools, and hotels used to house asylum seekers under the British government's migrant hotel scheme. Among these assets are three hotels block-booked for migrants, owned by Chinese state-affiliated companies such as Kew Green Hotels and Campanile, which have earned at least £15 million in Home Office contracts. This financial involvement has sparked public protests and raised concerns about national security, especially amid incidents linked to the migrant hotels. The UK government's relationship with China remains complex, balancing economic cooperation against security risks, exemplified by the recent collapse of a spying case involving alleged Chinese agents and the government's stance on economic interests. High-profile UK politicians have engaged with China to attract investment despite warnings from security officials about China posing systemic challenges to UK security and prosperity. The intertwining of Chinese economic influence with sensitive public policy areas like immigration has intensified debate over foreign control and national interests in the UK.

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