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Xi's visit paves way for major investment, trade deals with the UK

UK is EU's second largest investor in China; it is also China's second largest trading partner in the EU

Published Mon, Oct 19, 2015 · 09:50 PM

London

FOLLOWING final negotiations over the weekend, China President Xi Jinping is expected to sign an accord with the UK that will give China a sizeable stake in Electricite de France's nuclear power plant project in Hinkley Point, Somerset in south-west England. Besides Hinkley, other nuclear power plant projects involving China could include additions to the Sizewell plant in Suffolk, on the east coast, and a new facility in Bradwell, Essex.

"The two nations will announce sizeable investment and trade deals," Zhang Ji, China Assistant Minister of Commerce, said last week in Beijing.

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