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US as many as 15 years behind China on nuclear power, report says

  • The U.S. is reportedly up to 15 years behind China in high-tech nuclear power development, according to a report from the Information Technology & Innovation Foundation.
  • China is constructing 27 nuclear reactors, with an average completion time of about seven years, significantly faster than other countries.
  • China's modern nuclear power plants create economies of scale and enhance incremental innovation, indicating an ongoing advantage for Chinese enterprises in this sector.
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Forbes broke the news in United States on Monday, June 17, 2024.
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