FT: UK looks to remove China’s CGN from nuclear power projects

Dogs walk on the beach near Sizewell Nuclear Power Station as the sun sets on Sizewell in Suffolk December 16, 2017. — Reuters pic
Dogs walk on the beach near Sizewell Nuclear Power Station as the sun sets on Sizewell in Suffolk December 16, 2017. — Reuters pic

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LONDON, July 25 — Britain is exploring ways to remove China’s state-owned nuclear energy company China General Nuclear Power Group CGN) from all future power projects in the UK, the Financial Times reported yesterday, citing people familiar with the plans.

The change in Britain’s stance could affect the Sizewell C nuclear energy project in Suffolk, England, that France’s EDF is scheduled to build with backing from CGN, and proposals for a new plant at Bradwell-on-Sea in Essex, the newspaper said https://on.ft.com/3zCGvmb.

A spokesperson for China’s foreign ministry, Zhao Lijian said today that “The British should earnestly provide an open, fair and non discriminatory business environment for Chinese companies.”

China and Britain are important trade and investment partners for each other, he added.

“It is in the interests of both sides to conduct practical cooperation in the spirit of mutual benefit and a win-win result.” Zhao said. — Reuters

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