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Jingye has started consultation procedures with the British government, seeking recompense after its 1.2 billion pound investment was wiped out. Photo: VCG
Jingye has started consultation procedures with the British government, seeking recompense after its 1.2 billion pound investment was wiped out
Jingye invested £1.2B in British Steel (2020) and seeks compensation after UK nationalization (April 2025); government offers only £100M. Signals geopolitical risk for Chinese investors in critical industries: Western governments nationalize under security mandates, redefining M&A economics for cross-border deals.
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Jingye has started consultation procedures with the British government, seeking recompense after its 1.2 billion pound investment was wiped out. Photo: VCG

Jingye Group, the former owner of British Steel, has demanded compensation from the U.K. government for investment losses after…

Jingye Group said the move tarnished the UK government’s credibility, spooked international investors and caused losses to the…

The Chinese company that formerly owned British Steel Ltd yesterday demanded compensation from the British government for…

Jingye seeks compensation after UK's move to fully nationalise loss-making British Steel, citing security risks.

The UK government took over British Steel last year to prevent the closure of the country's last primary steelmaking facility.…

The Chinese firm that previously owned British Steel sought on Sunday compensation from the U.K. government for investment losses…