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Chinese govt – secret plans to take over the UK’s Hinkley nuclear project?

Buy-China-nukes-1flag-UKSecret Chinese plans to take over nuclear power station Sam Coates, Deputy Political Editor | Robin Pagnamenta, Energy Editor May 13 2016,  The TimesChina is drawing up secret plans to build two nuclear reactors on the site of Hinkley Point in Somerset if the existing £21 billion deal collapses.

The Chinese government has a “plan B” to bypass EDF, the French energy giant responsible for the project. China believes that it can build its own reactors on a faster timetable than the project run by EDF, in which they have made an investment, according to Lord Howell of Guildford, the former energy secretary and father-in-law of George Osborne.

His statement will raise the pressure on the beleaguered Hinkley C project, which intends to…. (subscribers only) http://www.thetimes.co.uk/article/secret-china-plans-to-take-over-nuclear-power-station-z7qjn0cqk

May 14, 2016 - Posted by | politics, UK

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