Industrial giant Jingye Group, founded by the former official of the Communist party of China, willing to pay 70 million pounds for the bankrupt mysteriously the British metallurgical plant British Steel, but expects to receive up to £ 300 million from the government in the form of loans, payments and grants to support its plans to increase production by 10%.
Former owner British Steel Greybull Capital declared the company bankrupt after the British government refused him a loan of £ 30 million. In may, the company was placed into administration, which, according to local media, costing British taxpayers £ 1 million daily.
Until recently, a potential candidate for the purchase of assets British Steel< / span> was Include Holdings, a subsidiary of the military pension Fund of Turkey, which caused a wave of criticism against the backdrop of events in Northern Syria. Now the MPs don't like what the owner of the plant can be a Chinese company associated with the regime in Beijing.
Jingye Group was founded 30 years ago, Lee Ganpo, a former official of the Communist party, which built the group from scratch in the corner of Hebei province, and is proud of the role it played in the establishment of the people's Republic.
