situation report

Feb 4, 2015 | 14:43 GMT

1 min read

China: Nuclear Company To Merge With Major Energy Company

China's government will merge the State Nuclear Power Technology Corp. and one of the country's biggest power companies, China Power Investment Corp., The Wall Street Journal reported Feb. 3. The news confirms rumors that had been circulating for months that China would merge its nuclear and power sectors. State Nuclear Power Technology Corp. is building four AP1000 reactor units based on the Westinghouse model and is working on designing and building its own reactors.

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