Chinese investors have spent at least £134billion on UK assets, including private schools, infrastructure businesses and top ranked British firms, it has today been reported. And, as previously reported by the Mail on Sunday, Chinese firms have also invested heavily in prestigious private schools - including Thetford Grammar School and Bournemouth Collegiate College - to the tune of around £10billion. Chinese investors - including state-owned businesses - have spent £134billion on UK assets, including private schools, infrastructure businesses and top ranked British firms, it has today been reported. Experts anticipate a 'feeding frenzy' as firms, including some run by high-ranking members of the ruling Chinese Communist Party, seek to expand their influence over Britain's education system. Last year, Chinese firms bought three schools, including Abbots Bromley School near Lichfield, Staffordshire, which had been forced to close its doors in 2019.

Source: Daily Mail May 02, 2021 10:15 UTC