British Prime Minister Theresa May has written to China’s president and premier seeking to enhance trade and cooperation, amid a dispute over London delaying a $24 billion nuclear project due to security concerns over Chinese financing.

China has cautioned Britain against closing the door to Chinese money, warning relations are at a crucial juncture after May last month delayed signing off on the Hinkley Point nuclear project in Somerset, England.

In a statement late on Monday, China’s foreign ministry cited a British envoy as telling Foreign Minister Wang Yi that Britain attached great importance to Sino-British cooperation. Continue reading.