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China hits out at British Steel nationalisation

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China hits out at British Steel nationalisation
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China hits out at British Steel nationalisationImage source, Getty ImagesByPeter HoskinsBusiness reporterPublished17 July 2026, 03:50 BSTUpdated 37 minutes agoChina has hit out at the nationalisation of British Steel, saying it "firmly opposes and is strongly dissatisfied with…

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Original publisherBBC News
Canonical URLhttps://www.bbc.co.uk/news/articles/cjd4kvxpd3do?at_medium=RSS&at_campaign=rss
Publication timeFri, 17 Jul 2026 08:25:55 GMT
Retrieval time2026-07-17T09:01:43.163Z
Last seen2026-07-17T09:01:43.163Z
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Opening excerpt (first ~120 words) tap to expand

China hits out at British Steel nationalisationImage source, Getty ImagesByPeter HoskinsBusiness reporterPublished17 July 2026, 03:50 BSTUpdated 37 minutes agoChina 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's commerce ministry said on Friday that the moves "seriously infringed upon Jingye's legitimate rights and interests and severely undermined the…

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