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August 25, 2016

China sets sights on new export: nuclear energy

By JOE McDONALD
AP Business Writer

BEIJING — On a seaside field south of Shanghai, workers are constructing a nuclear reactor that is the flagship for Beijing's ambition to compete with the United States, France and Russia as an exporter of atomic power technology.

The Hualong One, developed by two state-owned companies, is one multibillion-dollar facet of the Communist Party's aspirations to transform China into a creator of profitable technology from mobile phones to genetics.


 
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