China to Buy 4 Westinghouse Nuclear Reactors

China to Buy 4 Westinghouse Nuclear Reactors: "China will buy four Westinghouse nuclear reactors in a deal that shows the continued attractiveness of American technology, but may also stir worries in Washington that the United States is selling its competitive advantage an industry at a time.

Energy Secretary Samuel W. Bodman of the United States and Ma Kai, the minister of China%u2019s National Development and Reform Commission, signed a memorandum of understanding for the reactors in in Beijing on Saturday. The deal calls for the state-owned China National Nuclear Corporation to buy the reactors from the Westinghouse Electric Company, which the Toshiba Corporation, based in Tokyo, bought earlier this year."

(Via NY Times.)