A Union flag flies from a pole in London, with skyscrapers in the background including the Leadenhall Building (second from left), commonly called the Cheesegrater. Photo: AFP

China’s super-rich embark on British spending spree as pound nosedives

  • Chinese companies have made 15 big acquisitions in Britain so far this year, spending US$8.3 billion on everything from schools to skyscrapers
  • Recent deals include US$3.3 billion purchase of pub chain Greene King by Li Ka-shing, Hong Kong’s richest man
Topic |   Britain

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A Union flag flies from a pole in London, with skyscrapers in the background including the Leadenhall Building (second from left), commonly called the Cheesegrater. Photo: AFP
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