Recent media reports highlighted the worrying hold China has over the UK, after our government allowed it to become the North Sea’s top oil operator. The communist-controlled China National Offshore Oil Corporation (CNOOC) now runs two of our biggest oil fields, producing over 200,000 barrels of oil a day.
This hold gives China leverage in negotiations with the UK Government, significantly weakening our control over our own energy sector. Imagine what would happen if the Chinese were permitted to build and run a nuclear power plant in the UK, as is currently proposed? Meanwhile, new Foreign Secretary, comedian Boris Johnson, has flow to Beijing to confound the Chinese with his buffoonery and buy time whilst the new post-Brexit administration works out what to do next.
For the British people, robbed of national assets through privatisation, the future looks bleak, as foreign governments, often hiding behind state-owned corporations, buy into our manufacturing, energy, transport and other key economic sectors. Globalisation has done for us. We have been asset-stripped and left powerless in negotiations with foreign governments, whilst our ruling elite have salted away fortunes in offshore bank accounts. Is this really the country we want for our children?
Despite having a democratic system of governance, we seem powerless to make our political leaders turn away from the dark forces of global capitalism and prioritise citizen-focused issues. Witness the London property market – locals have been priced out as it has been turned into a money haven for foreign ‘investors’. We seem doomed to be patronised by the Westminster elite, doing the bidding of the super rich – hypocrites who are busy selling our country to feather their own nests. They believe everyone is like them – obsessed with position and personal wealth accumulation.
Well, I have news for you. Other nationalities have different perspectives and priorities, and in the case of the Chinese Government, it is to obtain ownership (through State-owned companies) of as much of the World’s mineral assets as possible. To them, cash and barter of goods and services is a way to secure mining rights around the world, starting with developing countries. This gives them both raw materials for their industry and political leverage that increases their power and influence. They now have their eyes on Europe.
I’m sure the Chinese hierarchy look with amusement at the behaviour of BoJo the Clown and our other hypocritical political leaders who are self-obsessed and care little for the ‘good of the people’. At least this last part chimes with the Chinese who see labour as a resource to be exploited. Understanding this makes it easier for them to flatter and deceive our callow politicians into doing their bidding.
A report published in the mirror.co.uk on 24/08/16 talks about the Chinese using the positioning of oil rigs as ‘strategic weapons’, their rigs in a disputed area of the South China Sea described as ‘mobile national territory’. For this reason the USA has moved to protect itself from Chinese ambition by blocking the sale of oil wells over security fears. Paranoid or justified? Meanwhile, the UK Government handed £2 billion in tax breaks to the CNOOC in 2015. Oh, and by-the-way, General Nuclear Power, the Chinese state-owned corporation and the proposed partner in the UK’s £18 billion Hinckley Point project, is facing industrial espionage charges in the US.
The ‘investment’ of foreign governments, through state-owned corporations (including France’s EDF) must surely be a concern for the country. In China’s case, it is a calculated bid to control energy generation in Britain to give them a power base – a toe-hold in negotiations with a weakened British Government. Why would an elected British Government even contemplate such a deal? Surely they have been put there by the British people to represent their collective interest?
Not a bit of it. Global business interest thinly disguised as investment dictates our political agenda, and what is in the best interests of the country is relegated to a minor concern, tersely dismissed by our high-handed moralising politicians. Will the British people really see the benefits of fracking for shale gas? I think not – the gas extracted by private companies will be sold to the highest bidder on the global energy market. We will have our countryside torn up to simply create wealth for a small elite, and still be paying through the nose for our gas supply. That’s how it works.
All was going well for the Establishment until the unexpected Brexit vote. The British electorate took umbrage at being patronised and instructed to Vote Remain. They exercised the one bit of freedom they had left – the choice to vote against the hated money-obsessed Establishment and their Westminster-based toady politicians. It was an embarrassing setback for the forces of Globalisation, but they have quickly re-grouped under a new Conservative Prime Minister, one with worrying similarities to Margaret Thatcher, who set the ball rolling on selling off our national assets some thirty years ago.
Has new Prime Minister, Theresa May, been given her instructions to return the country to a Victorian era voting system by removing those who are not property owners from the electoral register? This would ensure no more disturbances from a peeved electorate to their capitalist agenda, and match nicely their plans to remove the Welfare State and its prize jewel, The National Health Service, tossing the welfare of the poor, sick and disabled into the arms of the charity sector. It’s not as crazy an idea as you might think. The soon-to-be-debated repeal of the Human Rights Act is just another attempt to strip us of our rights and return the country to an authoritarian system based on patronage.
At least we should be able to see the Chinese coming and veer away from their proposed ‘investments’. However, our biggest danger remains the behaviour of our own Government. How can we escape them?