George Greenwood (@georgegreenwood.bsky.social)

The Treasury opposed government plans to force a Chinese company to sell its stake in a UK chipmaker on national security grounds. The department is facing allegations that it has been prioritising Chinese investment over concerns about espionage risks. www.thetimes.com/business-mon...

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Treasury opposed forced sale of China’s stake in UK chipmaker Court filings reveal it was the only government department against the divestment of Future Technology Devices International, which had sold chips to Russia https://www.thetimes.com/business-money/technology/article/treasury-opposed-forced-sale-of-chinas-stake-in-uk-chipmaker-08z0tgwgw