China hits out at British Steel nationalisation

Europe Politics Sun, 19 Jul 2026 05:05:29 GMT High confidence — 78/100

China has hit out at the nationalisation of British Steel, saying it "firmly opposes and is strongly dissatisfied with the British government's decision".
On Thursday, the UK government said that taking the loss-making firm into public hands would protect jobs and safeguard a "vital national capability".
The UK took control of British Steel's operations in Scunthorpe last year, though it was still owned by China's Jingye Group, limiting the government's ability to steer its future.

China has hit out at the nationalisation of British Steel, saying it "firmly opposes and is strongly dissatisfied with the British government's decision".
On Thursday, the UK government said that taking the loss-making firm into public hands would protect jobs and safeguard a "vital national capability".
The UK took control of British Steel's operations in Scunthorpe last year, though it was still owned by China's Jingye Group, limiting the government's ability to steer its future.

Sources: BBC News