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Speaking on a stage that included Jordanian King Abdullah and the Sultan of Brunei, Cameron dismissed criticism of increasing foreign ownership in Britain: “I know some people look at foreign companies investing in our businesses, financing our infrastructure or taking over our football clubs and ask, shouldn’t we do something to stop it? Well, let me tell you, the answer is no.”

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The writer is a Senior Fellow at the New York-based Gatestone Institute. He is also Senior Fellow for European Politics at the Madrid-based Grupo de Estudios Estratégicos / Strategic Studies Group, one of the oldest and most influential foreign policy think tanks in Spain.