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The privatisation of a state steel company has been scrapped after an executive was beaten to death An executive of one of China’s largest private steel companies has been beaten to death by workers angry at the threat to their jobs from a takeover of their state-owned firm, according to a Hong Kong rights group

Some 30,000 disgruntled Chinese steel workers clashed with riot police in protest over a takeover deal, resulting in the death of an executive from another steel company, a human rights group said