Energy Infrastructure and Uk Economy

uk: However, he also said Britain is aware of the risks facing sensitive sectors of the UK economy, such as energy infrastructure and telecoms, from overseas investments, according to The Guardian. The UK has controls in place to protect national security but will strengthen them further, he added. Speaking after a joint economic summit between Britain and China in London that is set to open up deals for companies in the two countries worth more than 500m, the chancellor said he welcomed the closer cooperation. The UK is an open trading economy that depends on inward investment and it's vital that we forge a relationship with China that works both for trade and for investment to our mutual benefit. The chancellor's comments come amid an increasingly bitter standoff between the US and China over trade, as well as a backdrop of protests in Hong Kong over civil liberties and fears that Beijing could extend its influence in the former British colony. But of course we're aware of the risks, he said. (news.financializer.com). As reported in the news.