UK Wants China Out Of Nuclear Power Project

The UK is ousting China's CGN from the Sizewell C nuclear power plant project, the Financial Times reported, adding that the options for the 20-percent stake that the Chinese company holds in the project will be sold to institutional investors or floated on the stock market. Reports of the UK government's intention to remove the Chinese state-owned company from the nuclear power project first emerged in July, also by the Financial Times, which at the time wrote that the plan was to cut off CGN from all nuclear power projects in the UK amid a cooling…