Europe France, China to set up joint investment fund for overseas projects

France, China to set up joint investment fund for overseas projects

French Foreign Minister Jean-Marc Ayrault.
French Foreign Minister Jean-Marc Ayrault.

France and China will set up a fund for joint investment in overseas projects, the French foreign minister said on Monday in Beijing.

“Hinkley Point is a very good example of what we can do together,” said Jean-Marc Ayrault, referring to a $24-billion (20 billion pound) Franco-Chinese project to build Britain’s first new nuclear power plant station in decades.

He made the comments at a joint briefing with China’s foreign minister Wang Yi.

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