China: Supply Chains

Lord Campbell of Pittenweem Excerpts

Wednesday 1st July 2020 Lords Chamber

[Lord Grimstone of Boscobel]

We continue to implement a comprehensive and co-ordinated approach to China, which identifies and pursues UK interests. I have to say that we take a very clear-eyed view of the challenges and risks from China. In many areas, we have a strong and constructive relationship with China but, equally, we are very aware that items may not coincide with our national security. Our approach to China is co-ordinated across government. The FCO is at the heart of the cross-Whitehall strategy approach to China, and the importance of this is shown in that the work is led by the National Security Council and the China National Strategy Implementation Group. We will continue to implement a comprehensive and co-ordinated approach to China that identifies and pursues UK interests in these areas and, of course, engage our like-minded international partners as we do so.

[Lord Campbell of Pittenweem (LD) [V]]

My Lords, to follow up the question from the noble Lord, Lord West, I ask the Minister: given the symbiotic relationship between the Chinese Government and Chinese companies, what level does Chinese investment have to reach in the United Kingdom before it prejudices our national interest?

[Lord Grimstone of Boscobel]

At the moment, trade between China and the UK amounts to around £80 billion a year. It is a very important trading partner for us, but I repeat that we are very clear-eyed about this. We take good care as to where our national interest lies, and we will not hesitate to intervene in any areas where we feel that it is jeopardised.