Jump to content
House Price Crash Forum
Sign in to follow this  
juvenal

Lack Of Scrutiny Is Attractive

Recommended Posts

http://www.bbc.co.uk/news/business-31838296

China's richest man has said that he considers the UK the best place in the world to invest.

Wang Jianlin, chair of China's largest property company, Dalian Wanda, said the UK had one of the most open markets and that investment was not subject to the same scrutiny as elsewhere.

Mr Wang told the BBC he was looking to invest $1bn (£667m) in the UK entertainment industry.

He is also considering buying an English or Italian football club.

"I've travelled to many countries to consider them for investment, and most admire Britain's market," he said.

"Britain has one of the highest degrees of free market openness, no investment needs to be scrutinised, it's entirely up to you."

my italics

Share this post


Link to post
Share on other sites

Although he goes on to say that he tried to invest £1bn in an entertainment project on land in the UK and planning was rejected so he had to stop. When it comes to using land - its not as open.....

Share this post


Link to post
Share on other sites

"Britain has one of the highest degrees of free market openness, no investment needs to be scrutinised, it's entirely up to you."

That doesn't mean to say that it's a truly open/free market but if you're rich it's open for investment for any sort of overseas investment with lack of scrutiny.

Trying to get rich from scratch now is another matter.

As for investing £billions in an English football club - that won't make the output any less dreary and uninspiring.

Edited by billybong

Share this post


Link to post
Share on other sites

That doesn't mean to say that it's a truly open/free market but if you're rich it's open for investment for any sort of overseas investment with lack of scrutiny.

Trying to get rich from scratch now is another matter.

As for investing £billions in an English football club - that won't make the output any less dreary and uninspiring.

Lets be clear here...our trade balance depends on it!

We don't sell the chinese enough consumer products in return for the stuff they sell us, so we sell bits of our country off instead.

The zero oversight bit is quite deliberate.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Next General Election   94 members have voted

    1. 1. When do you predict the next general election will be held?


      • 2019
      • 2020
      • 2021
      • 2022

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.