I am strongly dissatisfied we (Australia) keeps selling China Iron Ore and Coal.
Britain can do what they want.
MetalBawx on
Jingye got exactly what they deserved after trying to sabotage the Scunthorpe mill. First they demanded a rediculous price then tried to damage the furnaces only to fail as plant workers stopped manegment.
If Beijing is dissatisfied with the consequences of their own actions then that’s too bad.
realmbeast on
UK was extremely dissatisfied with China’s actions after hong Kong was returned but did china care?
meglobob on
UK had no choice and China knows it. The Chinese firm wanted to close it because it was losing £700,000 per month and its the last place in the UK producing virgin steel. If it had closed the UK would be the only G7 country without the ability to make its own steel.
It is currently costing the UK taxpayer £1.3m per month now, so the UK government doesn’t really want it but the UK has to have its own source of steel production for national security.
Old_Hovercraft_8943 on
So a fake „Communist“ party objects to state control of the means of production?
jrizzle86 on
Probably proves it was the correct decision
Consistent_Ad3181 on
Well I guess we have some ships to build so it’s not a complete loss.
gym_fun on
China loves the word „national security“ so much. That’s the excuse China imposed on Hong Kong.
UK has the right to counter Chinese mercantilism for their own national security asset. Live with it.
Adhar_Veelix on
I like to imagine the Chinese company that owned it was purposefully tanking its profits with bad business decisions as a justification to declare bankruptcy. For exactly that reason, removing Chinese competition. I don’t put it past them.
I obviously have no proof, but it fits the MO.
gompgo on
World is extremely dissatisfied with China on how it keep killing manufacturing in other countries by hugely subsidising their own.
Crusades89 on
Dont trust china, china is asshole
vessel_for_the_soul on
While that is good for the nation, profitability is negligible, but production is needed. Local employment is stable, the affluent should pitch in money to the government being such a steward.
alba_Phenom on
This means it was a good thing for the UK.
somekindofdruiddude on
Ooh, now nationalize “Hell Bent for Leather”!
pizzainmyshoe on
A government with so many state controlled companies complaining about nationalisation. The irony.
Welshgirlie2 on
Oh boo hoo, China. Now if the UK government could look a bit deeper into why so many Chinese companies are buying existing private schools in the UK and then closing them down with short notice because they’ve suddenly run out of funds? It can’t all be because of the new VAT rates. The biggest question should be why are Chinese companies getting involved in schools in the UK when they could be funding education in China? And why has the UK government allowed it to happen?
Smart move on the UK. Steel is an important industry and wouldn’t want to be only country in G7 that can’t make their own.
MustangBarry on
Power and transport next. Essential infrastructure should be government-owned, always.
JohnHazardWandering on
Is the US going to get in on this and sanction the UK, just like they did to Cuba when they did it?
Alarmed-Ad8810 on
They’re just gutted that they haven’t fulfilled their ultimate objective of all steel making in the UK to cease. Once you understand dependency theory, you’ll grasp what China’s long term objectives are all along.
halfcookies on
Anyone bother to reach out to Judas Priest?
Kalnb on
Holy shit, the labour party is actually doing labour party things?
xRhai on
You know you’re making the right decision when chyna is dissatisfied.
suttonhillsame on
bet they are.
btt101 on
What’s the cost of national security? There are certain industries especially in manufacturing that need to be preserved at all costs. Domestic steel is one of them
Ok-Understanding8143 on
Priest Rules!
centuryeyes on
They’re always making plans, for Nigel…
pinkfootthegoose on
Great, now they need to do their rails next. They never should have been privatized.
krona2k on
The Chinese should never have been let anywhere near it. I don’t know why the UK lets foreign companies buy so many critical industries in the UK, especially when those countries would not reciprocate.
entropy13 on
The irony of a supposedly communist county being upset about somebody else nationalization something.
Beancounter_1968 on
The CCP and Winnie the Pooh can fuck off and do one
Veldrane_Agaroth on
Chinese government : This is steeling !
raz_kripta on
Frankly, more Western nations have to start nationalizing strategic interests and companies.
We have been Boy Scouts for too long. While state-owned and state-controlled Chinese companies – benefitting from their national espionage apparatus and Chinese state manipulation of markets, currency, and justice system – get to compete with Western companies who largely don’t have these advantages (some US companies do), we all pretend that everything is on a level playing field. We pretend that Chinese ownership of critical industries and firms is just the same as if a private company from Canada or Australia owned it… well it isn’t. Wake up!
Nationalize more strategic companies, wherever necessary.
sg19point3 on
losing money or not, China should not dictate anyone what to do. Imagine Britain did that. I worked for a company where our project was forced to be sold to a rival Chinese company. There was no room for our complaints
hoochiscrazy_ on
Socialist state is mad that we did something socialist
EmergencyCucumber905 on
Breaking the law breaking the law
cediddi on
I hope this will put Breaking the Law at Top10 lists again :pray:
Acrobatic_Signal7639 on
Judas Priest would be pleased.
Underwritingking on
Let them strongly fuck off then
fitzgoldy on
Beijing can get fucked.
It tried to shut down the whole operation, to harm the UK.
CarstenHyttemeier on
Did they even ask Judas Priest?
Sutar_Mekeg on
„Communist“ China, folks.
Potential-Field-6132 on
British Steel has been out since 1980, is China just finding out about Judas Priest?
Hugsy2026 on
Well done, UK. High five from a german 🇬🇧🇩🇪❤️
SirTabetha on
China being upset at another nation nationalizing an industry within its own borders is hilarious.
Rules for thee, but not for Xi, right? Gimme a break. 😒
Beneficial-Pitch-430 on
China not hesitate for a second to take control of a British firm in China.
malteaserhead on
I thought China loves nationalisation
Rasples1998 on
Beijing can suck my cock
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48 Kommentare
I am strongly dissatisfied we (Australia) keeps selling China Iron Ore and Coal.
Britain can do what they want.
Jingye got exactly what they deserved after trying to sabotage the Scunthorpe mill. First they demanded a rediculous price then tried to damage the furnaces only to fail as plant workers stopped manegment.
If Beijing is dissatisfied with the consequences of their own actions then that’s too bad.
UK was extremely dissatisfied with China’s actions after hong Kong was returned but did china care?
UK had no choice and China knows it. The Chinese firm wanted to close it because it was losing £700,000 per month and its the last place in the UK producing virgin steel. If it had closed the UK would be the only G7 country without the ability to make its own steel.
It is currently costing the UK taxpayer £1.3m per month now, so the UK government doesn’t really want it but the UK has to have its own source of steel production for national security.
So a fake „Communist“ party objects to state control of the means of production?
Probably proves it was the correct decision
Well I guess we have some ships to build so it’s not a complete loss.
China loves the word „national security“ so much. That’s the excuse China imposed on Hong Kong.
UK has the right to counter Chinese mercantilism for their own national security asset. Live with it.
I like to imagine the Chinese company that owned it was purposefully tanking its profits with bad business decisions as a justification to declare bankruptcy. For exactly that reason, removing Chinese competition. I don’t put it past them.
I obviously have no proof, but it fits the MO.
World is extremely dissatisfied with China on how it keep killing manufacturing in other countries by hugely subsidising their own.
Dont trust china, china is asshole
While that is good for the nation, profitability is negligible, but production is needed. Local employment is stable, the affluent should pitch in money to the government being such a steward.
This means it was a good thing for the UK.
Ooh, now nationalize “Hell Bent for Leather”!
A government with so many state controlled companies complaining about nationalisation. The irony.
Oh boo hoo, China. Now if the UK government could look a bit deeper into why so many Chinese companies are buying existing private schools in the UK and then closing them down with short notice because they’ve suddenly run out of funds? It can’t all be because of the new VAT rates. The biggest question should be why are Chinese companies getting involved in schools in the UK when they could be funding education in China? And why has the UK government allowed it to happen?
https://www.bbc.co.uk/news/articles/c621lkzezezo
Smart move on the UK. Steel is an important industry and wouldn’t want to be only country in G7 that can’t make their own.
Power and transport next. Essential infrastructure should be government-owned, always.
Is the US going to get in on this and sanction the UK, just like they did to Cuba when they did it?
They’re just gutted that they haven’t fulfilled their ultimate objective of all steel making in the UK to cease. Once you understand dependency theory, you’ll grasp what China’s long term objectives are all along.
Anyone bother to reach out to Judas Priest?
Holy shit, the labour party is actually doing labour party things?
You know you’re making the right decision when chyna is dissatisfied.
bet they are.
What’s the cost of national security? There are certain industries especially in manufacturing that need to be preserved at all costs. Domestic steel is one of them
Priest Rules!
They’re always making plans, for Nigel…
Great, now they need to do their rails next. They never should have been privatized.
The Chinese should never have been let anywhere near it. I don’t know why the UK lets foreign companies buy so many critical industries in the UK, especially when those countries would not reciprocate.
The irony of a supposedly communist county being upset about somebody else nationalization something.
The CCP and Winnie the Pooh can fuck off and do one
Chinese government : This is steeling !
Frankly, more Western nations have to start nationalizing strategic interests and companies.
We have been Boy Scouts for too long. While state-owned and state-controlled Chinese companies – benefitting from their national espionage apparatus and Chinese state manipulation of markets, currency, and justice system – get to compete with Western companies who largely don’t have these advantages (some US companies do), we all pretend that everything is on a level playing field. We pretend that Chinese ownership of critical industries and firms is just the same as if a private company from Canada or Australia owned it… well it isn’t. Wake up!
Nationalize more strategic companies, wherever necessary.
losing money or not, China should not dictate anyone what to do. Imagine Britain did that. I worked for a company where our project was forced to be sold to a rival Chinese company. There was no room for our complaints
Socialist state is mad that we did something socialist
Breaking the law breaking the law
I hope this will put Breaking the Law at Top10 lists again :pray:
Judas Priest would be pleased.
Let them strongly fuck off then
Beijing can get fucked.
It tried to shut down the whole operation, to harm the UK.
Did they even ask Judas Priest?
„Communist“ China, folks.
British Steel has been out since 1980, is China just finding out about Judas Priest?
Well done, UK. High five from a german 🇬🇧🇩🇪❤️
China being upset at another nation nationalizing an industry within its own borders is hilarious.
Rules for thee, but not for Xi, right? Gimme a break. 😒
China not hesitate for a second to take control of a British firm in China.
I thought China loves nationalisation
Beijing can suck my cock