Britain’s Finance Minister says his government will
allow a Chinese company to own a majority stake in a new nuclear power
plant as it tries to curb demand for fossil fuels.
George
Osborne made the announcement while he visited a nuclear power plant in
southern China. It said a Chinese role in a British nuclear power plant
would probably start as a minority stake but could increase to majority
ownership.
Mr. Osborne’s statement made no mention
of a specific project but Britain’s first nuclear power plant in 20
years is being developed by French company EDF in Hinkley in
southwestern England.
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