Britain to allow Chinese majority stakes in nuclear projects: Osborne

BEIJING (AFP) - Britain will allow Chinese companies to take majority stakes in nuclear power projects in the country, finance minister George Osborne said on Thursday.

Mr Osborne made the announcement during a visit to the Taishan atomic power station in southern China, the British government said in a statement, at the end of a trip which saw a memorandum signed on civil nuclear cooperation between the two countries.