Britain needs China more than ever
British Prime Minister Theresa May is displaying a different governance approach from her predecessor David Cameron, as indicated by her decision to halt some economic programs initiated by previous government. For instance, her decision to review the building of the Hinkley Point C nuclear power plant.
The project, which was being invested in by China, was seen as cementing a "golden era" of relations between Beijing and London.
The decision to review the project has raised concerns that May's government may take a less favorable stance toward Chinese investment than the previous government and thus sour ties with Beijing. After the decision to review the project was announced, the Chinese foreign ministry said China hopes Britain will reach the decision to go ahead with the plant as soon as possible to ensure the project's smooth implementation. In saying this, the Chinese side has restrained its dissatisfaction and exhibited a willingness to give the new British government time to become familiar with the project.