China Warns UK: “We Will Protect Our Rights” After Steel Nationalization

China said Thursday it will take all necessary measures to defend its interests after the United Kingdom nationalized British Steel. A Chinese foreign ministry spokesperson stated that the move could affect Chinese companies and investments. “China will do what is necessary to protect its legitimate rights,” the spokesperson said, without specifying what actions Beijing might take. The UK government took control of British Steel earlier this week to secure jobs and production.