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From Shanghai to Scunthorpe – what’s China’s affect on UK business?
British Metal’s Scunthorpe steelworks at the moment are successfully underneath authorities management after the enterprise secretary stated Chinese language proprietor Jingye had determined to cease shopping for sufficient uncooked supplies to maintain the blast furnaces going.
Jonathan Reynolds stated the federal government took the motion as metal “is significant for our nationwide safety”. However with Chinese language firms proudly owning a whole lot of billions of kilos value of infrastructure belongings all through the UK, have they got an excessive amount of affect on the UK’s essential industries?
The Sky Information Every day has approached Jingye for remark.
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