China urges the British to avoid ‘trade’ after British Steel Spat

admin3 weeks ago

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Beijing on Monday warned the UK that after approved the law to prevent the rest of the previous British factory, after approved the law, Chinese -owned Spat, which can make steel steel from scratching. A spokesman for China’s Foreign Ministry on Monday urged the British government to “politicize trade cooperation or to avoid connecting it to safety issues, so that Chinese enterprises do not affect the trust of the UK”.

Beijing: Beijing on Monday warned the UK that after approved the law to prevent the rest of the previous British factory, after approved the law, a disclosure on the future of Chinese -owned British steel on the future of spat “political”, which could make steel with scratches.
The UK government on Saturday enacted an immediate law through Parliament to close the explosion furnace at the British steel plant in the Northern English city of Scanthorpe.
The owners said that the owners said that it was no longer financially viable to keep burn them.
Britain’s business secretary Jonathan Reynolds later stated that London had “Bhola” to participate in the sensitive steel industry.
A spokesman for China’s Foreign Ministry on Monday “urged to escape” Political trade Cooperation or linking it to safety issues, so as not to affect the confidence of Chinese enterprises in going to Britain “.
Lynn Gian told a regular news briefing in Beijing, “When it comes to operating difficulties currently faced by British Steel, both sides should interact on a solution based on a mutual benefit,” Lynn Gian told a regular news briefing in Beijing.
Beijing hopes that London “will treat Chinese businesses that have invested and operated properly and appropriately in the UK, (and) protect their legitimate and legitimate rights and interests”.
Jinge, one of the world’s largest steel firms, is “a Chinese private enterprise that has collaborated with the British side based on market principles”, Lynn said.
The company bought British Steel in 2020 and said it invested over £ 1.2 billion ($ 1.6 billion) to maintain operations, but was losing about 700,000 pounds a day.