China hits out at British Steel nationalisation
China's commerce ministry on Friday condemned Britain's nationalisation of British Steel, saying the move "seriously infringed" on Chinese owner Jingye Group's rights and violated bilateral investment treaties. The UK government took control of the loss-making Scunthorpe plant Thursday, citing national security concerns and job protection. Beijing said it would monitor developments closely and support Chinese firms protecting their interests.
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Published 17 Jul 2026, 02:50 UTC · Updated 17 Jul 2026, 05:30 UTC
Summary by OZbrief Editorial. Original report: BBC News – World. Editorial policy · Corrections
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