Chinese Nuclear Firms Seen by U.S. Winning Deals With Financing
- U.S. Energy Secretary Moniz comments on nuclear suppliers
- Nations exporting atomic technology should share information
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Project financing offered by state-backed nuclear power companies from China and Russia gives them an advantage over U.S. rivals in the competition for global technology deals, U.S. Energy Secretary Ernest Moniz said in an interview on Tuesday in Tokyo.
“Chinese and Russians can finance international projects in ways that are different than what American companies can do,” Moniz said. “I expect they are certainly going to get some market share.”