Search This Blog

Sunday, April 13, 2025

UK Will Be More Skeptical of Chinese Investment After Steel Rescue

 


The UK government will take a more skeptical approach to future Chinese investment in sensitive sectors of the economy after it was forced to rescue the country’s last primary steel manufacturer, Business Secretary Jonathan Reynolds said Sunday.

Asked on Sky News whether the move to take control of Jingye Group’s British Steel has resulted in a “high trust bar” for UK-Chinese co-operation, Reynolds agreed, saying: “We’ve got to recognize that.”

https://www.bloomberg.com/news/articles/2025-04-13/uk-sees-high-trust-bar-for-chinese-investment-after-steel-rescue

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.