Britain Approves Nuclear Plant, Easing Chinese, French Ties
September 15, 2016
Britain gave the go-ahead on Thursday for a $24 billion nuclear power plant, ending weeks of uncertainty that strained ties with China and France and put a question mark over Prime Minister Theresa May’s investment policy.
In a statement, her government said it had decided to proceed with the Hinkley Point C project in south-west England after a comprehensive review, but was clear Britain would have greater control over future deals when foreign states were involved in buying stakes in “critical infrastructure.”