Février 2017 / Asian Review

Areva deal signals chilled French-Chinese nuclear partnership

China is crucial for growth, but two sides fail to agree on terms

YASUO TAKEUCHI, Nikkei staff writer February 4, 2017 5:30 am JST

PARIS — Troubled French reactor builder Areva has agreed to accept equity stakes from Mitsubishi Heavy Industries and Japan Nuclear Fuel. But missing from the list is a Chinese backer, signaling cooling Sino-Franco relations in the nuclear sector.

Reforms, including the injection of fresh capital, are essential for growth of Areva, CEO Philippe (...)

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