China’s Domestic Nuclear Plans Damp Export Dreams

From Reuters:

China’s power firms aim to join its auto and electronic companies as export powerhouses, analysts say, but massive domestic expansion plans may not leave them the capacity to make an overseas push for over a decade.

A $1 billion deal signed last week with Russia to build and supply a uranium enrichment plant in China was another step towards civilian nuclear independence, less than two decades after its first nuclear generator came on line.

The country last year sealed deals with France’s Areva and U.S.-based, Japanese-owned Westinghouse for several third-generation reactors, and the blueprints to allow them to develop domestic version.

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