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Britain open to Chinese investment despite security concerns

Business secretary reassures Japanese investors Brexit deal is now possible

UK secretary of state for business Greg Clark speaks with the Nikkei Asian Review at the British Embassy in Tokyo. (Photo by Mitsuru Obe)

TOKYO -- Britain will remain open to investments from China after the UK quits the EU next year, despite mounting concerns over national security risks and allegations of industrial espionage, a senior government minister told the Nikkei Asian Review.

However Greg Clark, secretary of state for business, admitted that scrutiny of Chinese investments would intensify as the UK reforms its powers to block foreign acquisition of security sensitive assets.

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