{{The Chancellor, George Osborne, has announced that the UK will allow Chinese companies to take a stake in British nuclear power plants.}}
The decision could lead to China taking a future majority stake in the development of the next generation of British nuclear power.
Mr Osborne made the announcement on the last day of a trade visit to China.
The first China deal could be as early as next week, with the go ahead for a new £14bn plant at the Hinkley C site.
Also on Thursday, a report commissioned for the prime minister warned of a growing risk of power shortages over the next few years.
The Royal Academy of Engineering said the closure of older power plants and the slow progress in building news ones was likely to stretch the system “close to its limits”.
Supply is expected to come under strain in the winter of 2014-15.
BBC
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