Chinese language buyers have amassed practically £134bn of property in key UK industries starting from power corporations and transport hubs to breweries and colleges.
Almost 200 British corporations are both managed by teams or people primarily based in China and Hong Kong or rely them as minority shareholders, in line with an evaluation of enterprise knowledge.
The listing of investments drawn up by the Sunday Instances consists of Hinkley Level C nuclear energy station, Heathrow Airport, Northumbrian Water, pub retailer Greene King and Superdrug.
It reveals that Chinese language buyers personal practically £57bn of shares within the UK’s 100 greatest listed corporations, dominated by a 49 per cent stake in HSBC price £45bn. Investments valued at over £1bn have additionally been made in pharmaceutical big AstraZeneca, oil and fuel companies Shell and BP and alcohol firm Diageo.
Different investments embody at the very least 17 unbiased colleges, Lotus Vehicles, Barnsley, Wolverhampton Wanderers and Manchester Metropolis soccer golf equipment, Cineworld and Odeon UCI cinemas, the QHotels group and the Skyscanner journey web site.
Chinese language corporations have additionally invested closely in property such because the £1.35bn “Walkie Talkie” constructing in central London and Royal Albert Dock in Liverpool, a 40 per cent share of which was purchased by the state-owned funding agency CITIC in 2015.
In the meantime the sovereign wealth fund China Funding Company (CIC) has constructed up a portfolio that includes a ten per cent share in Heathrow Airport valued at £1.65bn, a 49 per cent share (£1.37bn) in oil and pure fuel firm Neptune Power, a 9 per cent (£1.2bn) share in Thames Water and a 90 per cent share in logistics and warehouse agency Logicor (£9.7bn).
Severe issues have been raised concerning the safety implications of China’s funding in UK property, most notably in relation to Hinkley Level nuclear energy station which is owned by French power agency EDF.
In 2016 Theresa Could’s authorities briefly put the venture on maintain earlier than attaching new situations to the £18bn deal. Nick Timothy, one of many Ms Could’s chief advisers, had warned that China “may use their position to construct weaknesses into pc techniques which is able to permit them to close down Britain’s power manufacturing at will”.
China Common Nuclear Energy holds a 33.5 per cent stake within the plant, which is owned by the French state-owned power agency EDF.