LONDON — Britain gave the go-ahead for a $24bn nuclear power plant on Thursday, ending weeks of uncertainty that strained ties with China and France but also signalling a more cautious approach to foreign investment in critical infrastructure.Prime Minister Theresa May’s government said it would proceed with the Hinkley Point C project in southwest England, approving French utility firm EDF’s plan to build Britain’s first new reactor in decades, backed by $8bn of Chinese cash.It also set out a new investment policy designed to give it greater control over future deals when foreign states were involved in buying stakes in "critical infrastructure".The project offers an insight into how Britain could conduct relations with the world in a post-Brexit era. May, who became prime minister after Britain’s EU referendum, stunned Paris and Beijing by putting the deal on hold in July — hours before a contract was due to be signed — saying she needed time to assess all aspects of the project i...
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