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Bill Gates and China get together on new nuclear technology

China calls for stronger co-op with US in next-generation nuclear technology
The announcement came from Chinese premier Li Keqiang ahead of US President Donald Trump’s visit to China. Trump is scheduled to hold talks with President Xi Jinping. Hindustan Times Nov 05, 2017 Press Trust of India, Beijing

China wants joint cooperation with the US in developing next-generation nuclear power technology, Chinese premier Li Keqiang said, ahead of President Donald Trump’s visit to Beijing this week.Trump will be in China from Wednesday to Friday. He would hold talks with Chinese President Xi Jinping.

In his meeting on Friday with Bill Gates, co-founder of Microsoft and chairman of TerraPower, Li has called for closer China-US cooperation in developing the next-generation nuclear power technology.

Speaking highly of the China-US partnership in this field, Li said companies of the two countries have set up a joint venture with each holding half of shares and agreeing to share the intellectual property rights, state-run Xinhua news agency reported.

TerraPower, LLC signed a joint venture agreement with China National Nuclear Corporation to form the Global Innovation Nuclear Energy Technology Limited. The two companies plan to work together to complete the Travelling Wave Reactor (TWR) design and commercialise the TWR technology……. http://www.hindustantimes.com/world-news/china-calls-for-stronger-co-op-with-us-in-next-generation-nuclear-technology/story-KAjCtq9Wz5rYOdOH5zBi0I.html

November 6, 2017 - Posted by Christina Macpherson | business and costs, China, USA

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