Taxpayers could end up paying £4billion to fix Government ‘mistakes’ which allowed Chinese investments in sensitive parts of the economy, a report has found.
The money has had to be spent on the bailout of British Steel and cost of removing Chinese firms from strategic nuclear and communications deals.
The China Strategic Risks Institute, behind the study, slammed ‘the mistakes of previous governments who failed to put the economic and national security of the public first’.
Happier times: Just over decade ago, prime minister David Cameron took President Xi Jinping for fish and chips and a pint
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