To ask His Majesty's Government what assessment they have made of the amount of Chinese investment in infrastructure in the UK.
Answered on
1 February 2023
The information requested falls under the remit of the UK Statistics Authority.
A response to the Hon. Member's Parliamentary Question of 18 January is attached.
Lord Taylor of Warwick
House of Lords
London
SW1A 0PW
26 January 2023
Dear Lord Taylor of Warwick,
As National Statistician and Chief Executive of the UK Statistics Authority, I am responding to your Parliamentary Question asking what assessment has been made of the amount of Chinese investment in infrastructure in the UK (HL4889).
The Office for National Statistics (ONS) produces foreign direct investment (FDI) statistics which include international investment positions, that is the value of the stock of investments held at a point in time. Statistics are presented for both UK-based companies that have a foreign parent company (inward) and for UK companies that control affiliates abroad (outward). Our latest FDI statistics for China are available up to 2021, with figures in the table below extracted from our Foreign direct investment involving UK companies (directional): inward[1] publication.
‘Infrastructure’ is not an identifiable category in FDI statistics. Therefore, we have included all industrial activity categories in Table 1 to enable you to consider the relevant components.
Yours sincerely,
Professor Sir Ian Diamond
1https://www.ons.gov.uk/businessindustryandtrade/business/businessinnovation/datasets/foreigndirectinvestmentinvolvingukcompanies2013inwardtables