alt Hacker NewsInteresting how they haven't repeated in this article earlier claims that the Chinese purchase of the steelworks was a strategic move to slowly destroy the blast furnaces by letting them cool under pretext of low demand.
Replies
intheitmines • yesterday at 1:12 PM
See also Chinese companies buying UK private schools and closing them down
Original: https://www.telegraph.co.uk/news/2026/07/02/chinese-company-...
https://archive.is/dRQsB#selection-2155.4-2155.79
Choice quote from the article
Mike Parker, the school’s director of marketing, wrote on LinkedIn: “Whatever you read, this isn’t a VAT story. It isn’t a ‘falling rolls, unstoppable decline’ story. The truth is deeper and more complex and, eventually, the truth will out.”➕ show 3 replies
jingpostmedia • yesterday at 1:05 PM
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The state intervened to stop the Chinese from sabotaging their furnaces. Seems like an open and shut case unless you have 5 eyes intelligence sources.