-
China firmly opposes UK nationalization of British Steel: Ministry of Commerce
China firmly opposes and strongly disapproves of Britain's decision to nationalize British Steel and urged fair treatment of Chinese firms in the UK, according to China's Ministry of Commerce on Friday. British Steel was owned by Jingye Steel, a private Chinese steel company that injected a massive amount of capital into the business after taking it over, keeping it afloat after years of losses.Britain has forcibly taken over the company under the pretext of national security and disregarded Jingye's contributions to the British economy and society, a spokesperson for China's Ministry of Commerce said. Britain's move ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
China’s Foreign Minister says all parties should abide by the ceasefire MOU and fulfill their stated commitments, the ministry statement says.
Trump claims the U.S. is "winning big" in Iran and says the outcomes of ongoing efforts will become clear shortly.
From miningweekly.com | 6 hr ago
Platinum group metals (PGMs) are fundamentally key to the delivery of China’s 15th Five-Year Plan to 2030, Shanghai Platinum Week 2026 has served to highlight. Founded and organised by the World Platinum Investment Council (WPIC), Shanghai Platinum Week this year attracted a record 713 in-person attendees, up 30% on 2025. During the agenda-packed week, it ...
