This is ludicrous. British steel owned by chinese.

[syed putra]

UK seeks emergency powers to take control of British Steel​

Reuters
-12 Apr 2025, 09:12 PM

The government said it needed to act with urgency to avert the imminent closure of the blast furnaces and give more time to negotiate a permanent future for British Steel.​

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The company, owned by China’s Jingye Group, employs 3,500 people at its Scunthorpe plant. (AP/PA pic)


LONDON: British lawmakers were recalled for an emergency session on Saturday to vote on laws to keep British Steel’s blast furnaces open, as the government said a full nationalisation of the UK’s last maker of virgin steel was becoming increasingly likely.


The company, owned by China’s Jingye Group, employs 3,500 people at its Scunthorpe plant. The facility’s future had been in question after the government and the company failed to agree a funding deal to switch to greener steel production.

 

[Boonsiong]

Wow

 

[Narong Wongwan]

Meanwhile CCP says Li Ka Shing cannot sell to BlackRock

 

[tobelightlight]

In the first place,why let Chinese own this and that?

Sinkieland got many china chinks, those who try to show their Communist bullshit to me will get it from me.

 

[True Believer]

Wolverhampton Wanderers football club in England's Premier League, is owned by Fosun International, a Chinese conglomerate. They are a diversified investment group with interests in various sectors, including tourism, pharmaceuticals and finance.

 

[syed putra]

In the first place,why let Chinese own this and that?

Sinkieland got many china chinks, those who try to show their Communist bullshit to me will get it from me.

Its either let chinese arab or Indian buy or plant/ football club will be shut.