Part of National Security and Investment Bill – in a Public Bill Committee at 9:25 am on 1 December 2020.
My hon. Friend makes a point about the market failure that we have experienced over the past decade and its relevance to or inappropriateness for national security. The Government actively encouraged inward investment from China and let the market be totally open, without any control whatsoever, which is one of the driving factors in the challenges we face today, especially with Huawei, as outlined in last night’s debate.