China Criticizes UK Nationalization of British Steel

China has expressed strong dissatisfaction with the UK's decision to nationalize British Steel, citing a severe blow to Chinese companies' confidence in investing in the UK.

Coverage from 2 publishers 2 source reports

BBCGuardian

China hits out at British Steel nationalisation

Update summary

What changed in this update

The UK government said taking the firm into public hands would safeguard "a vital national capability".

Source coverage

Source reports

BBC Published 17 July 2026

China hits out at British Steel nationalisation

The UK government said taking the firm into public hands would safeguard "a vital national capability".

Guardian Published 17 July 2026

China ‘strongly dissatisfied’ with nationalisation of British Steel

Move dealt ‘severe blow to Chinese companies’ confidence in investing in the UK’, says Ministry of Commerce China’s government has said it is “strongly dissatisfied” with the decision to nationalise British Steel this week, 15 months after the UK government intervened to prevent the closure of its steelworks in Scunthorpe and the loss of 4,000 jobs. On Thursday, British Steel was brought under public ownership to pr…

More news

Also in the news

Cargo Plane Crashes at Miami Airport, Striking Vehicles

Business 3h ago Updating

Amazon cargo plane overshoots runway at Miami airport

An Amazon Air cargo Boeing 767-300 overshot the runway while landing at Miami International Airport on Sunday afternoon, sending flames and thick black smoke into the sky. The flight had arrived from Puerto Rico. Officials reported "multiple patients," though injury details were not immediately known. The Federal Aviation Administration confirmed the runway overrun.

5 references

NYTGuardianSkyBBCNPR

Minister to meet Jaguar Land Rover boss as thousands of job cuts expected

Business 10h ago Developing

No bailouts for Jaguar Land Rover amid reports of thousands of job cuts, says minister

Carmaker, which is battling Trump tariffs and Chinese competitors, faces talks with union leaders and government The government has signalled that it will not invest taxpayers’ money to limit job losses at Jaguar Land Rover (JLR), after it emerged that the UK’s biggest carmaker is planning up to 4,000 redundancies . Before crunch talks on Tuesday between JLR, union leaders and government officials, the business secr…

2 references

GuardianBBC

Discovery

See what’s emerging. See what’s changing.

Explore stories gaining momentum and continuing events with new developments.

Explore Discovery