BEIJING (Reuters) - China's investment in Britain's 16 billion pound Hinkley Point project is its first foray into Europe's nuclear power market and a marker of its global ambitions, but its firms will depend on foreign partners if they are to fulfil them.
China General Nuclear Power Group (CGN) and China National Nuclear Corporation (CNNC) plan to take a combined 30-40 percent stake in a consortium led by French utility EDF to build French-designed EPR reactors in southwest England.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
