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

China’s Ministry of Commerce has expressed opposition to the British government's nationalization of British Steel, saying the move seriously harms the legitimate rights and…

China said Friday that it strongly opposes the U.K.'s nationalization of British Steel, warning that the forced takeover of Chinese-owned Jingye Group's assets would be a severe…