China Cash For UK Nuke Plant
From Oman Observer
CHINA may soon control one of Britain’s top nuclear projects after two Chinese state firms teamed up with Western players to bid for the $24 billion development, industry and financial sources said.
China, which has the world’s largest foreign exchange reserves of $3.3 trillion, has been expanding into Europe’s energy and infrastructure sectors by buying stakes in firms such as Britain’s Thames Water and Portuguese utility EDP.
