The word “China” only appears once in a 120-page policy document released by the UK on Tuesday and which is aimed at enhancing the government’s powers to prevent foreign purchases of security-sensitive British assets.
The mention in the government’s national security and investment white paper highlights China’s appeal as one of the world’s most attractive inward investment destinations.
But several UK officials confirmed that proposals to increase the government’s ability to block or amend foreign acquisitions of British assets that raise national security concerns were largely focused on Beijing, which in recent years has ramped up its overseas dealmaking by snapping up everything from sensitive technologies to energy grids.