British Steel saved in deal with Chinese industrial giant Jingye Group

British Steel saved in deal with Chinese industrial giant Jingye Group

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the acquisition of British Steel by the Chinese Zhangye Group, known for producing aspirin, bottled water, and steel. The acquisition, which has no national security concerns, is seen positively by local workers and communities, who hope for continued investment and retention of the British Steel brand. The acquisition is expected to secure jobs and provide a future for British Steel, although terms and conditions for workers remain uncertain.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What products does Zhangye Group manufacture?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is the president of Zhangye Group and what was his previous position?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the acquisition of British Steel for the UK workforce?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns regarding the branding of British Steel after the acquisition?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the general sentiment among the British steel workers about the future of British Steel?

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