Wednesday, 23 July 2014
Last updated 8 hours ago
Feb 4 2009 | 8:46am ET
Chinese state media announced Wednesday the country would invest 580 billion yuan ($85 billion) to expand its energy industry in 2009, including investment in nuclear and wind-powered capacity.
State-owned power companies are increasing their investments to meet growing demand and boost economic growth. In addition to increased investment in coal-fired generation, plans call for spending on wind, nuclear and solar power, according to Chinese state television.
China will build eight more nuclear plants with a total of 16 reactors over the next three years, according to the China Daily newspaper.
The country has 11 nuclear reactors supplying about 1% of its power, and Beijing wants to raise that share to 5%, said the newspaper.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…