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The Latest: Chinese Leader Expected to Confirm Reactor Deal

The Latest: Chinese Leader Expected to Confirm Reactor Deal

Wednesday, 21 October 2015 05:41 AM

LONDON (AP) — The latest news of the first full day of Chinese President Xi Jinping's state visit to Britain. All times local:

9:25 a.m.

China's president Xi Jinping is expected to confirm a deal that will lead to China covering 30 percent of the cost of construction of a nuclear power plant in southwest England.

The plant in Somerset — set to be completed by 2025 — will be built by French energy firm EDF, in conjunction with a consortium led by Chinese state-owned nuclear company CGN.

EDF sought outside investors after being unable to cover the cost of the deal alone. Britain's government is also offering a guarantee.

The deal has faced criticism by rights activists who suggest that Prime Minister David Cameron has been courting the Chinese for trade deals while ignoring their human rights record.

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The latest news of the first full day of Chinese President Xi Jinping's state visit to Britain. All times local:9:25 a.m.China's president Xi Jinping is expected to confirm a deal that will lead to China covering 30 percent of the cost of construction of a nuclear power...
EU,Britain,China,The,Latest
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2015-41-21
Wednesday, 21 October 2015 05:41 AM
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