China in talks to build five new reactors in UK

China in talks to build five new reactors in UK: http://in.reuters.com/article/2012/07/21/nuclear-britain-china-idINL6E8IKHDI20120721 ...remarkable for both China to be able to do this and for to continue with its plans to increase its nuclear power capacity..."A team from the Shanghai Nuclear Engineering Research and Design Institute (SNERDI), an arm of the China National Nuclear Corporation (CNNC), met senior British officials in the past week, the Guardian newspaper said on its website.
The first part of the plan would involve CNNC and another state-owned firm, China Guangdong Nuclear Power Corporation, bidding in two separate groups against each other for a stake in the Horizon project, it said.
The paper, citing unnamed sources close to the Chinese, said the Chinese are also interested in other locations at Bradwell in Essex, in the southeast, Heysham in Lancashire and Hartlepool in County Durham, both in northern England.
"The Chinese have the money and the experience," the paper quoted a source close to the Chinese as saying.
"They see setting up in the UK as an opportunity to show they can operate in one of the world's toughest regulatory environments so they can then move into other markets in Africa and the Middle East."
The French company EDF is also interested in building new reactors in Britain."