Britain forcibly nationalizes British Steel, a company controlled by China Jingye Group. Jingye Steel responds
[Jingye Steel Co., Ltd. warns the British government: Immediately stop using domestic laws to trample international investment rules] Jingye Steel Co., Ltd. issued a statement warning the British government: Immediately stop using domestic laws to trample international investment rules, and promptly, fully and effectively compensate Jingye for all investment losses; Jingye Steel Co., Ltd. has initiated consultation procedures in accordance with relevant bilateral investment agreements, retains all legal rights, including international arbitration, and will never compromise.
[Jingye Steel Co., Ltd. warns the British government: Immediately stop using domestic laws to trample international investment rules] Jingye Steel Co., Ltd. issued a statement warning the British government: Immediately stop using domestic laws to trample international investment rules, and promptly, fully and effectively compensate Jingye for all investment losses; Jingye Steel Co., Ltd. has initiated consultation procedures in accordance with relevant bilateral investment agreements, retains all legal rights, including international arbitration, and will never compromise.