CHINA FUMES AS UK GRABS BACK BRITISH STEEL — “ARROGANT!” THEY CRIED

Mario Nawfal

@MarioNawfal

CHINA FUMES AS UK GRABS BACK BRITISH STEEL — “ARROGANT!” THEY CRIED Beijing just had a meltdown after UK lawmakers voted to snatch British Steel’s Scunthorpe plant from its Chinese owner, Jingye. Why? Fears of sabotage and foreign control over key infrastructure — aka, the UK suddenly remembered who owns what. China’s embassy threw a fit, calling the move “absurd, arrogant, and ignorant.” They say British MPs are trash-talking Chinese firms while totally ignoring Trump’s tariffs squeezing the UK. Beijing warned this kind of political drama could tank business confidence — and jeopardize £115B in Chinese investments. Downing Street? Shrugged off the sabotage talk. But the UK-China steel standoff is officially on. Source: Daily Mail / Global Times