Word: china
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Dates: during 2000-2009
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...generation reactor completed will give Areva some big advantages over rivals, the Finnish project has cost it a lot in terms of credibility, and a lot of people are looking on saying: 'You mean if you ever complete it,' " says Barnett. "Westinghouse will complete its third-generation reactor in China later, but it will be able to say it did so on time and on budget...
...driving force is China, whose gangbusters economy requires ever more energy. Beijing says it wants to lift nuclear-generated power from its current 11 gigawatts to 86 gigawatts by 2020 - an increase equivalent to France's current total output. China is already adding 14 reactors to the 11 it operates, including three third-generation installations supplied by Areva and Westinghouse. And it won't stop there: Beijing has signed on for an additional 35 plants to be built over the next decade, and is studying a further 80. (See pictures of China's wild side...
...heating up. Siemens now looks set to form a partnership with Rosatom, Russia's main nuclear-energy company and the world's second largest. The move will give the Russian firm new technological and engineering credibility, and mean another strong rival for Areva right in its own backyard. And China's push for nuclear plants is likely to presage competition from that country. "China wants the ability to build its own nuclear facilities in the future," says Nicolas Véron, a capital-markets and foreign-investment expert with Brussels think tank Bruegel. "A large part of [the reason] companies...
...freedom. "A former President is not going to show up in Pyongyang only to get stiffed," said a Western diplomat on Tuesday. "There had to have been assurances that this was the endgame" for the two women prisoners, who were arrested on March 17 along the border in northeast China while filming a report about North Korean refugees. They were subsequently convicted of illegal entry and unspecified "hostile acts" against North Korea and sentenced to 12 years of hard labor. (Read CNN's story on Clinton's meeting with Kim Jong...
...North Koreans meant what they said, the White House signed off on the idea. The visit ended the journalist's 4½ month nightmare after being arrested March 17 and held in North Korea as punishment for allegedly crossing the border while filming a report on refugees in northeast China. Their plane touched down early Wednesday morning in Los Angeles, where Lee and Ling are sure to have an emotional reunion with family members...