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Pentagon fake news about Chinese fast breeder reactors — Jonathan Tennenbaum

Summary:
Assistant Secretary of Defense John Plumb knew better when characterizing Russia-China reactor cooperation as a nuclear weapon threat...What's up then? Demonizing Russia and China? Probably, but there is more to milk from the story.The disinformation about China’s fast breeders offered by the Pentagon and others misses the key point: China and Russia are poised to dominate the world’s entire nuclear power sector, while the US and other Western countries have for decades been downsizing and even dismantling their nuclear industries.China is currently pursuing by far the world’s largest nuclear power program, including the most innovative reactor types. Russia, the world’s leader in fast breeder reactors and a number of other key areas of nuclear technology, is today by far the world’s

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Assistant Secretary of Defense John Plumb knew better when characterizing Russia-China reactor cooperation as a nuclear weapon threat...

What's up then? Demonizing Russia and China? Probably, but there is more to milk from the story.

The disinformation about China’s fast breeders offered by the Pentagon and others misses the key point: China and Russia are poised to dominate the world’s entire nuclear power sector, while the US and other Western countries have for decades been downsizing and even dismantling their nuclear industries.

China is currently pursuing by far the world’s largest nuclear power program, including the most innovative reactor types. Russia, the world’s leader in fast breeder reactors and a number of other key areas of nuclear technology, is today by far the world’s largest exporter of nuclear power plants and has a nearly dominant position in many global nuclear supply chains. 

Together, China and Russia are set to capture the vast emerging market for nuclear power in developing countries – a circumstance of great strategic importance....

Asia Times
Pentagon fake news about Chinese fast breeder reactors
Jonathan Tennenbaum
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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