BBC Chinese recently reported that the new British administration decided to delay the decision on whether or not to approve the Hinkley C Nuclear Power Plant Project which had heavy Chinese investments. Given the importance of the project to Britain’s future energy security, the British government explained that it needed more time to review the entire project. The China Guangdong Nuclear Power Group (CGN) released an announcement to express its understanding and respect for that decision. Hinkley C is Britain’s first new nuclear power plant in 20 years. Once in place, it is expected to supply seven percent of all of Britain’s electricity. China committed six billion British pounds to its investment in the project, which is one third of the total amount.
BBC Chinese: The British Government Delayed Decision on China’s First Nuclear Project in Britain
Source: BBC Chinese, July 29, 2016 http://www.bbc.com/zhongwen/simp/business/2016/07/160729_hinkley_nuclear_delay