mdsolar quotes a report from Reuters: China has cautioned Britain against closing the door to Chinese money and said relations were at a crucial juncture after Prime Minister Theresa May delayed signing off on a $24 billion nuclear power project. In China’s sternest warning to date over May’s surprise decision to review the building of Britain’s first nuclear plant in decades, Beijing’s ambassador to London said that Britain could face power shortages unless May approved the Franco-Chinese deal. “The China-UK relationship is at a crucial historical juncture. Mutual trust should be treasured even more,” Liu Xiaoming wrote in the Financial Times. “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.” The comments signal deep frustration in Beijing at May’s move to delay, her most striking corporate intervention since winning power in the political turmoil which followed Britain’s June 23 referendum to leave the European Union.
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