What does Jingye accuse the UK government of regarding British Steel?

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Jingye accuses the UK government of violating investment rules and committing “outright robbery” over British Steel

Jingye Steel accuses the UK government of “trampling on international investment rules” and of “outright robbery” after London took control of British Steel and moved it into full public ownership. The company also demanded compensation for “investment losses” and said it would pursue full compensation through legal means.
It says the UK government violated international investment rules
Jingye’s statement characterises the UK government’s actions as “trampling on international investment rules.” The accusation is tied to the UK’s intervention after Jingye bought British Steel in 2020 and later lost control when the UK government stepped in.
It describes the takeover as “outright robbery”
Jingye also used the term “outright robbery” to describe the UK government’s control of British Steel. The company framed this dispute around the move that brought British Steel into full public ownership.
It demands compensation for “investment losses”
Alongside the accusations, Jingye demanded compensation for “investment losses.” In its statement, the company linked this demand to the change in control of British Steel.
It threatens legal action over the UK government’s move
Jingye said it reserves all legal rights and would pursue full compensation through legal means “to the very end.” It also threatened legal action specifically in response to the UK government’s move to take British Steel into public ownership.

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What does Jingye accuse the UK government of regarding British Steel?

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