| China, the worlds future super power, is slated to | | | | Steve Tritch. Most of these new jobs will be |
| build four nuclear power plants with the help of | | | | created in the states of Pennsylvania, New |
| the U.S. based Westinghouse Electric Company | | | | England, South Carolina and Utah. As with the |
| and the Shaw Group Inc. The value of this deal | | | | high-tech nuclear field engineers are expected to |
| ranges from $5-8 billion dollars and will help the | | | | make up the bulk of these positions. |
| U.S. in their $202 billion dollar trade deficit with | | | | "(The agreement) represents a major step |
| China. | | | | forward in our relations and will advance our |
| The U.S. Company won the contract over French | | | | bilateral trade relationship and the energy security |
| and Russian bidders due to their higher technical | | | | of both our nations," stated US Energy Secretary |
| quality and method of information sharing. While | | | | Samuel Bodman. China and the U.S. have had |
| the French and Russians are building emergency | | | | rocky relationships ever since China has gained |
| back up systems that pump water with electric | | | | world influence. By working together on such |
| pumps the U.S. system utilizes gravity to move | | | | projects it is bound to encourage a more |
| their water. This gravity system is considered | | | | collaborative effort between the two nations. |
| safer in the event of power outages. | | | | China which currently ranks number 3 in the world |
| Construction of the site will start in early 2007 | | | | in terms of economic strength is expected to |
| and is part of Chinas energy program that wants | | | | take the number 1 seat by 2015. The country has |
| to add approximately 20,000 megawatts by 2020. | | | | been soaking up great amounts of oil in order to |
| The reactors will be built in Sanmen and Yangjiang | | | | feed its nearly double world average growth. By |
| provinces and are expect to be more fuel | | | | building nuclear power plants the country is |
| efficient in a coal and oil based economy. | | | | reaffirming its need for cheap energy but also its |
| A total of 5,000 U.S. jobs should be created in the | | | | reliance on coal and oil. |
| deal according to Westinghouse Chief Executive | | | | |