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China urges UK not to politicise steel trade amid British Steel tensions.
Emphasis on fair competition and mutual respect in international commerce.
Rising geopolitical undertones in global steel industry discussions.
Amid growing tensions over the future of British Steel, China has called on the UK to avoid politicising trade matters and instead uphold the principles of fairness and free trade. The statement comes in response to recent concerns raised by the UK regarding Chinese influence and practices in the global steel market, especially following diplomatic discomfort over British Steel’s financial struggles and its partial Chinese ownership.
The Chinese Ministry of Commerce emphasized that economic cooperation between countries should be guided by mutual respect and should not be turned into political issues. Officials noted that steel is a global commodity and that competition should not be framed through geopolitical lenses.
This diplomatic exchange follows growing scrutiny in Europe over China's involvement in critical sectors. The UK government has reportedly been considering ways to restructure British Steel while safeguarding national interests, raising concerns in Beijing.
As global steel dynamics continue to shift, this development adds to the complexities of international trade relations, especially in light of upcoming elections and trade policy shifts in the West.
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