DataLife Engine / USA and Japan fear Chinese plan to buy Westinghouse business

USA and Japan fear Chinese plan to buy Westinghouse business

Westinghouse filed for bankruptcy in March this year under a pressure of multibillion-dollar cost overruns of the estimates during the construction of four nuclear reactors in the United States. As a result of the bankruptcy, the nuclear business is likely to be sold, and Chinese companies are possible contenders.

According to an unnamed U.S. official cited by Reuters, these concerns have grounds, since the Chinese have been striving to appropriate the power grid and nuclear infrastructure.

7-04-2017, 17:13
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