China: UK Steel Nationalization "Unacceptable"

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China: UK Steel Nationalization "Unacceptable"
China has formally stated its strong opposition to the British government's decision to nationalize British Steel. Beijing called the move "unacceptable" and urged the UK to respect market principles. The Chinese government argues that the nationalization violates international trade rules and could harm fair competition. No further details on potential retaliatory measures have been released.