The British government has given the go-ahead to the Hinkley Point C nuclear power project, in partnership with the China General Nuclear Power Company (CGNPC) and EDF of France. Its announcement was as perfunctory as the previous announcement that the project would be placed under review back in July by Theresa May, the new prime minister. Apparently, new safeguards, giving the government the right to prevent other partners taking a majority stake, have made all the difference.
It is difficult not to arrive at a rather different interpretation. Namely, that the decision to review the project was carried out in a way that quite unnecessarily put Britain’s future relations with China in jeopardy. As a result, the only way out was to reinstate the project with the fig-leaf of new safeguards. Continue reading “Hinkley C power project offers a lesson in how not to deal with China”