China’s nuclear energy industry has received a boost in its effort to expand abroad, with Britain saying it will allow Chinese companies to buy majority stakes in British nuclear power plants.
British Finance Minister George Osborne made the announcement Thursday, while visiting a nuclear plant in the southern Chinese province of Guangdong.
Osborne said Chinese companies will be allowed to invest in British nuclear projects as minority partners initially, before being able to become majority owners. He said any Chinese investment also would have to conform to “very stringent” British safety and security regulations.
Read Full Article HERE
Michael Lipin, Voice of America via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/HroKkrGmU_w/
No comments:
Post a Comment