Britain’s Nuclear Future Threatened By Espionage And The Brexit

The drama of Britain’s stalled nuclear facility at Hinkley Point C grew more Shakesperean this week, with the Chinese firm involved in its construction now under investigation in the United States for espionage.

It was announced on August 11 that the Chinese CGN firm and engineering advisor Szuhsiung Ho have been indicted on charges of industrial espionage in the United States. The charges relate to alleged attempts to steal nuclear secrets to aid the Chinese nuclear energy program. Continue reading

Chinese President Xi Jinping Seals Multi-Billion Dollar Nuclear Power Deal With Britain

As Australia allows for China to take over a strategic military port, Great Britain allows for its nuclear power infrastructure to be compromised.

 

In the first major Chinese investment in a Western nuclear facility, China’s General Nuclear Corporation (CGN) will take a one-third stake in the planned 18 billion-pound ($28 billion) Hinkley Point nuclear plant controlled by France’s EDF.

State-owned CGN will also take a two-thirds stake in the Bradwell nuclear plant east of London, where it plans to build a Chinese-designed reactor, and a one-fifth stake in a project for Areva designed reactors at the Sizewell plant.

“We will build a global, comprehensive strategic partnership between our countries in the 21st century and jointly open up a golden era,” Xi told reporters via a translator, adding that the nuclear deal was a flagship investment. Continue reading