The UK government on Thursday said it had approved the building of a controversial nuclear power station, the country’s first in a generation, after it had frustrated investors in China and France by delaying a decision, The Wall Street Journal reports. Britain’s new prime minister, Theresa May, had in July postponed a decision on the $23.8 billion project at Hinkley Point, in southwest England, wanting additional time to review the deal, including security implications. China General Nuclear Power Corp., which is providing about a third of the funding for the plant, said it was “delighted” with the British government’s decision. Chinese leaders and senior officials lobbied hard for the project and CGN’s role in it. In a statement, China’s foreign ministry said it welcomed Britain’s decision.
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