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China May Sell Nuclear Reactors Overseas This Year, Daily Says via Bloomberg

China may sign the first foreign orders for its CAP1400 nuclear reactor this year, the China Daily reported today, citing Sun Qin, chairman of the nation’s largest atomic plant builder.

The first orders for the Chinese-developed technology will probably come from South America or Asia and may be finalized if a CAP1400 reactor begins construction in China by the end of the year, the newspaper said. Sun, chairman of China National Nuclear Corp., declined to identify specific countries.

The Chinese technology is attractive because of the “favorable and unconditional” credit conditions offered to other nations, according to the report. CNNC didn’t immediately respond to faxed questions about the loans or the countries that are interested in buying reactors.

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