Workflow
明抢?英国眼红中企,百亿投资或血本无归!外交部强硬表态
Sou Hu Cai Jing·2025-04-20 02:20

Core Viewpoint - The UK Parliament has passed an emergency law allowing the government to take control of British Steel, which was acquired by China's Jingye Group in 2019 for £1.2 billion, amid ongoing operational difficulties and significant financial losses [1][3][4]. Group 1: Company Background - British Steel, once a symbol of the Industrial Revolution, has faced challenges due to globalization and declining demand, leading to its acquisition by Jingye Group [3]. - Jingye Group has invested heavily in British Steel but has been incurring daily losses of approximately £700,000, prompting considerations to close parts of the business [3][6]. Group 2: Government Actions - The UK government, citing the need to protect critical infrastructure, has granted extensive powers to the Business Secretary to directly take over British Steel [3][4]. - The government is engaging in discussions with Jingye Group and unions to find a viable solution, emphasizing the need for a commercial resolution rather than nationalization [3][6]. Group 3: Financial Implications - The forced takeover by the UK government is expected to result in significant financial losses for Jingye Group, with over £8 billion of investment potentially rendered worthless [6]. - Compensation plans from the UK government are disappointing, with expected recoveries being less than 30% of the debts owed, raising concerns among other Chinese enterprises about the investment climate in the UK [6][8]. Group 4: Broader Industry Impact - The situation highlights the precarious state of British Steel and the potential consequences of its failure, which could lead to massive job losses and exacerbate domestic tensions in the UK [6][8]. - The experience of Jingye Group serves as a cautionary tale for other Chinese companies considering investments in the UK, reflecting on the risks associated with foreign investments in the current political climate [8][9].