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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.

2-source coverage 2 references
BBCGuardian
China hits out at British Steel nationalisation BBC News – UK
In brief

What the sources add

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

Source coverage

Media reports

China hits out at British Steel nationalisationBBC News – UK
BBC

China hits out at British Steel nationalisation

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

Business
Guardian

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…