Wednesday, February 8, 2012

Nuclear Energy in China

Last quarter, in a class I was taking at the GSB, there was a lot of discussion about China becoming an exporter of nuclear energy technology and infrastructure to the U.S. This article seems to shed more light on this topic. It seems that the Chinese are not only interested in expanding their nuclear power capacity, but also in expanding their share of this market worldwide. With China acting faster than the U.S. on new nuclear technologies, this seems to be a likely scenario.

Also related to the expansion of nuclear power in the country, this article, published yesterday by Bloomberg Businessweek, shows the increased demand for Uranium. China is actively seeking international ventures. 

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