The Chinese Premier is expected to sign a deal for China’s investment in a new British nuclear power plant this week.
ELN understands China’s senior politician, Li Keqiang, who is in the UK for a state visit with Prime Minister David Cameron is likely to put pen to paper on Anglo-Chinese nuclear co-operation.
This could include support for the £16 billion Hinkley Point C project.
However the Chinese firms have yet to cement any deal.
The Asian superpower is building 28 nuclear plants and a deal with the UK would give it a foothold in Europe to sell its nuclear expertise.
Britain – which has not developed its own nuclear technology for decades and will rely on French and US-Japanese designs in future – would benefit from this Chinese experience.
Chancellor George Osborne signed a Memorandum of Understanding in Beijing last October, with the two nations agreeing to help civil nuclear projects.