China's CGN signs $9 bln British nuclear deal in return for own project

By Karolin Schaps and Geert De Clercq LONDON/PARIS (Reuters) - China has agreed to invest 6 billion pounds ($9 billion) in EDF's Hinkley Point nuclear project, Britain's first new nuclear plant in a generation, in return for help to bring its own nuclear technology to the West in a subsequent project. Chinese nuclear company CGN will finance 33.5 percent of the 18 billion pound project, one of the world's costliest nuclear power stations, which Britain said it needs to replace ageing reactors an