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To: DUMBGRUNT
"Echoing similar agreements the country had sealed with major global nuclear technology vendors, SNPTC’s agreement with Westinghouse involved a major technology transfer agreement. One aspect involved collaboratively refining the AP1000 and developing a larger reactor based on the Westinghouse design, the “CAP1400,” for domestic use and export. For SNTPC, which in 2015 merged with China Power Investment Corp."

So, just like almost all other Western businesses, Westinghouse execs sold the crown jewels to the Chinese, who will now copy everything and eat their lunch.

How did Westinghouse get the export licenses for this technology?

8 posted on 11/01/2021 1:52:06 PM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: pierrem15

—”Westinghouse execs sold the crown jewels to the Chinese”

Well, yes but...
IIRC they made it out of Chapter 11 and separated from Toshiba.

Everyone knows this, and still, they cannot resist the siren’s song...An old Greek guy invented the wax in the ear trick thousand years ago.
I want to see if/how Apple escapes?
AAPL thinks they can claim they sent all their clothes to the cleaners and make a break cash in hand?

Methinks they will be taken to the cleaners.

Japan’s Transfer of Bullet Train Technology A Mistake. China, Of Course, Has Copied It

https://japan-forward.com/japans-transfer-of-bullet-train-technology-a-mistake-china-of-course-has-copied-it/


9 posted on 11/01/2021 2:39:05 PM PDT by DUMBGRUNT (("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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