Steel, Sovereignty, and Souring Relations: The British Steel Fallout The UK government's takeover of British Steel has sparked a stern rebuke from China's Ministry of Commerce.
Beijing accuses London of "forcibly" taking control of the company, disregarding Jingye's contributions to the British economy and society.
British Steel's fate was sealed in 2025 when it began hemorrhaging £700,000 daily due to canceled orders for key materials. The loss making steelworks faced closure unless UK intervention occurred.