By Becky Evans PUBLISHED: 13:42 EST, 17 October 2013 | UPDATED: 13:47 EST, 17 October 2013 George Osborne has signed a deal with China which opens the doors for investors to take control of British nuclear power plants China could take control of British nuclear plants after Chancellor George Osborne signed a deal today to get investors to help pay billions to replace ageing reactors. During his visit to China, Osborne said the two countries had signed a memorandum of understanding on nuclear cooperation that included roles for British companies in China's nuclear sector, which is the fastest growing in the world.
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George Osborne signed memorandum of understanding on nuclear cooperation
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Included roles for British companies in China's nuclear sector
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UK Treasury said in future China could have 'majority stake' in nuclear plants
involve @placeholder companies buying stakes in projects or partnering with