China to build two nuclear plants in Argentina
Deal between countries worth up to $15bn
President of the Argentine state nuclear energy company José Luis Antunez and China National Nuclear Corporation general manager Quian Zhimin sign an agreement to build nuclear power stations. Photograph: Getty Images
The deal comes as China pushes to export its homegrown atomic technology, often by offering cheap technology and generous financing.
The agreement with Argentina will see China provide most of the financing for the two new plants at a time when Buenos Aires is locked out of global credit markets. – Copyright The Financial Times Limited 2015