Power Plants May Force Trump to Address Chinese Investment in US Infrastructure

sbabondsUncategorized

The Chapter 11 reorganization filing of Westinghouse on March 29, 2017 has opened the Pandora’s Box on the contentious issue of Chinese investment in the US infrastructure under Trump Administration. The immediate cause behind the decision to place Westinghouse under bankruptcy filing by its parent company, Toshiba of Japan, was the cost overrun at four 3G (third generation) AP1000 reactors under construction in two plants at the U.S. South East.

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