China’s nuclear energy industry is going global

Global Business

China’s Premier Li Keqiang is promoting the use of nuclear power, both at home and abroad, and that has led to the country’s increased involvement in nuclear reactor projects. China is helping build them in Pakistan and Romania, while it’s just investing in Argentina, the UK, Turkey and South Africa.

China's nuclear energy industry is going global

China's Premier Li Keqiang is promoting the use of nuclear power, both at home and abroad, and that has led to the country's increased involvement in nuclear reactor projects. China is helping build them in Pakistan and Romania, while it's just investing in Argentina, the UK, Turkey and South Africa.

This latest push comes just weeks after China’s state-run nuclear power company merged with China Power Investment. The new company is worth almost 113 billion dollars.

Minqi Li, Assistant Professor of the Department of Economics at the University of Utah spoke with CCTV America’s Michelle Makori about the situation.