The first application of the U.K.’s new National Security and Investment Act (one of the several police-state acts passed or under consideration in Parliament, as UK Column’s Mike Robinson detailed on July 16 in The LaRouche Organization Manhattan Project broadcast, https://youtu.be/th6ceZ2UXCo), was as expected imposed on China. British Business Secretary Kwasi Kwarteng said on July 20 that he had barred the University of Manchester from licensing the intellectual property related to movie camera technology to a Chinese company, Beijing Infinite Vision Technology Co., on so-called “national security grounds.”
China’s Global Times reports: “If such a normal business deal is viewed by the U.K. government as a national security risk, the application of the new act may offer a chilling future for potential investors, which will not only disrupt normal investment activities, but also harm the technological development of the U.K…. And that doesn’t bode well for the struggling British economy.”
