What did Chinese Foreign Minister Wang Yi urge Britain to do regarding Chinese companies operating in the UK?

Chinese Foreign Minister Wang Yi urged Britain to provide Chinese companies operating in the United Kingdom with 'a fair, equitable and non-discriminatory business environment', as reported by Xinhua news agency.

Why did Britain nationalise British Steel, and what was its prior ownership structure?

Britain nationalised British Steel last week, fully taking over the loss-making company on national security grounds; it had previously been owned by the Chinese private steelmaker Jingye.

China urges Britain to provide fair business environment for Chinese firms

Jul 22, 2026

China's Foreign Minister urged the UK to ensure a fair business environment for Chinese companies following the nationalization of British Steel, previously owned by Jingye Group, citing national security grounds.

reuters

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Jingye Calls on UK Government for Compensation Over British Steel Investment Loss

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Britain Takes British Steel into Public Ownership

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British Steel Taken into Public Ownership to Save UK Supply

2026-07-17

British Steel Officially Nationalized; Will Former Chinese Shareholder Jingye Group Receive Compensation?