(3 years ago)
Commons ChamberI rise to speak to new clause 39, standing in my name and the names of the Chairs of the Procedure Committee, the International Development Committee and the Business, Energy and Industrial Strategy Committee. For a variety of reasons, none of those colleagues can be with us today, and I feel that I am a poor substitute for them in making these points—
Can I just reassure my hon. Friend that, by the very fact that he is speaking to this new clause, he is more than a substitute and that he is on the side of right?
I am grateful to my right hon. Friend. One other aspect of this is that it has given me the opportunity to have a fresh look at an area of legislation that I have not been as deeply involved in as he has. I might therefore raise some concerns that the Minister might not get from other quarters, with a keen focus on the legislation dealing with modern-day slavery.
I wish also speak in support of amendment 3, tabled in the name of the right hon. Member for Orkney and Shetland (Mr Carmichael). I will be pleased to hear him later expressing his support for my new clause, as I also hope the SNP will. I am grateful to the hon. Member for Halifax (Holly Lynch) for her indication of support. The reason I say that is that my new clause has not been selected for separate Division, and it is therefore important that this House sends a clear and unequivocal cross-party message to the other House, where this issue can perhaps be looked at anew.
(4 years, 1 month ago)
Commons ChamberI of course completely agree with my hon. Friend and I was just going to come on to the data harvesting point, because it is caught in this. She is right that China’s national intelligence law requires all Chinese firms to assist with state intelligence work and to deny that if they are asked. Let us say the Secretary of State wants to investigate and says he has strong penalties for non-compliance. By law in China they are not allowed to comply with that process at all, so there is already a national conflict in this. TikTok is owned by ByteDance, which is a very dodgy company set up in China that has huge links with the Chinese Communist Government. So we need to be very careful about where we go with this because UK nationals might get caught up and get punished for what is essentially a refusal by the Chinese Government to allow others to do this.
I am also slightly concerned about some of the things that happened in the past not being caught by the Bill. The Henry Jackson Society has today announced that, having looked through the Bill, only 23 of the 117 Chinese acquisitions over the last decade would have actually been caught. The areas that are outside of this include pharmaceuticals. The Chinese takeover of Bio Products Laboratory, which has a very significant technology with regard to blood products, would not have been caught. In education, 10 universities have many thousands of obligations to Chinese investors, where they get a trade-off on technology, some linked to defence firms. That would not have been caught. Interestingly, Thames Water and Veolia Water have significant share ownership from Chinese firms, but that certainly would not have been called into question.
My right hon. Friend is referring a lot to China, and I am sure he will not be alone in that this afternoon. Is his perspective that we should be looking in the Bill to restrict all Chinese investments in the UK, or investment in particular sectors, and what is the differentiation if the origins of that is the Chinese state, in this fusion of the state with business?
My view is that the Bill should help us to identify exactly which of these are genuinely private and not located in China under Chinese law. That will be a big issue. I have to tell my hon. Friend that, on that question he is right, because I believe we are now facing a very significant threat from China. So we now need to use the Bill to figure out how we deal with that threat on a wider basis, not just on individual takeovers. The Government need to look at that. Huawei was a very good example of Government policy having to be reversed on that basis. It is a growing problem and he is right to raise it.