China to fund part of £18bn Hinkley Power project
A Chinese ambassador has warned that the UK’s relationship with China is under threat if the Hinkley Point nuclear power station doesn’t go ahead.
The news comes as Prime Minister Theresa May delayed a decision to approve the project amid concerns about Chinese investment in Britain.
Writing in the Financial Times, Liu Xiaoming, the Chinese ambassador, said the delay to approving the plant could put “mutual trust” between the two countries in jeopardy.
He said: “If Britain’s openness is a condition for bilateral co-operation, then mutual trust is the very foundation on which this is built.
“Right now, the China-UK relationship is at a crucial historical juncture. Mutual trust should be treasured even more.
“I hope the UK will keep its door open to China and that the British government will continue to support Hinkley Point – and come to a decision as soon as possible so that the project can proceed smoothly.”
China is expected to fund about a third of the £18bn project in Somerset