mo4ch:>China unfazed by US blacklisting its nuclear firms | Mo4ch News

Following the blacklisting of a major Chinese energy firm by the US, Beijing has made it clear that they are not dependent on Washington for energy trade and development.Last month the United States made the controversial decision to blacklist one of China’s most significant state-owned nuclear power companies. According to an announcement on the United States Federal Register, China General Nuclear Power Group (CGN) and three of its subsidiaries were placed on the US Department of Commerce’s “entity list”, meaning that CGN will no longer be able to obtain technology, parts or materials from the United States, unless they are able to secure a (very rarely-granted) license to do so.This move comes in response to accusations that Chinese nuclear power companies including CGN have been stealing United States technology and misappropriating it for military use. CGN is a considerable force in the Chinese nuclear industry, with nine running nuclear power plants with 28 reactors mostly cente…