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To: RealMuLan who wrote (60171)	2/8/2005 4:14:55 AM
From: Seeker of Truth	Read Replies (2) \| Respond to of 74559

The pebble-bed technology was invented by a German about 20 years ago. Incredibly after he had demonstrated feasibility, the German government stopped supporting his research, under the influence of anti-nuclear emotions. Subsequently MIT picked up the technology and developed it a lot further. A student of a good friend of mine went there for his post-doctoral work and dedicated himself to the pebble bed reactor. Eventually he was lured away out of that team to Switzerland which has dreams about pebble bed reactors. Meanwhile the research at MIT continues at a snail's pace, because government funding is only so so. (There's plenty of government money for picking fights with China, Iran, etc. etc.) It fell to China to finally take up the task seriously and actually start building a going commercial reactor, 195 MW! From the investment standpoint, this is good for CCO, not sure whether Huaneng Power is a good buy or not, it depends on electricity price control.

To: RealMuLan who wrote (60171)	2/8/2005 11:32:49 AM
From: elmatador	Respond to of 74559

China's investment abroad tops $37 bn nearly 1/2 went to Latin America and some 40% to the other parts of Asia, mainly in the fields of mining, commercial service, manufacturing, wholesale and retail sales. <<Lets spread it evenly, through the half way house China! Brazil, Argentina and Venezuela are Beijing’s favourites. Bring the moolah!>> falkland-malvinas.com China's investment abroad tops $37 bn February 08, 2005 11:29 IST Chinese companies invested $3.62 billion in non-financial sectors overseas in 2004, an impressive growth of 27 per cent year-on-year, the ministry of commerce said in Beijing. Up to the end of last year, China's direct investment overseas reached $37 billion. Last year, nearly half of Chinese investment went to Latin America and some 40 per cent to the other parts of Asia, mainly in the fields of mining, commercial service, manufacturing, wholesale and retail sales. Chinese companies that were engaged in engineering projects overseas reported a business turnover of $17.5 billion last year, up 26 per cent year-on-year. They also signed new contracts worth $23.8 billion, the ministry said. So far, China has sent 3.2 million individuals overseas under labour service contracts and earned $30.8 billion. © Copyright 2005 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.