No money, only life! UK response to compensation for Chinese investment: payment required only if compensation is granted
On the 16th, the UK officially took over British Steel under the so-called nationalization, claiming that British Steel belongs to the British people and foreign capital must not interfere. However, regarding the Chinese companies' investments amounting to hundreds of millions of pounds over recent years, the UK government has remained completely silent. In response to the statement from Jingshe Company, the UK's current position on compensation is: the compensation amount will be determined independently, and payment will only be made if compensation is deemed necessary.
Unbelievably, the UK government has shown such a disgraceful attitude. According to their stance, they clearly have no intention of paying this compensation. This is nothing short of an openly defiant "no money, only life" posture.
In fact, it's not surprising that the UK would respond this way. They used just six and a half hours to pass so-called new laws and nationalize British Steel. The reason behind this move was precisely to use their own definition of "reasonable and legal" methods to carry out a low-cost robbery of Chinese enterprises—this is nothing but an act of banditry. Although our enterprises and even our Foreign Ministry are demanding compensation from the UK, when have we ever seen a robber willingly pay compensation? Therefore, if we rely solely on relevant laws and regulations to pursue legal redress and claims, it is almost certain that the UK government will pay little attention.
Original source: toutiao.com/article/1871107580701707/
Disclaimer: This article represents the personal views of the author