• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 days Does Toyota Know Something That We Don’t?
  • 4 days World could get rid of Putin and Russia but nobody is bold enough
  • 13 hours America should go after China but it should be done in a wise way.
  • 6 days China is using Chinese Names of Cities on their Border with Russia.
  • 8 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 8 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 8 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 7 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 7 days Putin and Xi Bet on the Global South
  • 8 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 8 days United States LNG Exports Reach Third Place
  • 8 days Biden's $2 trillion Plan for Insfrastructure and Jobs
Warm Winter Drags U.S. Natural Gas Prices to Three-Decade Low

Warm Winter Drags U.S. Natural Gas Prices to Three-Decade Low

Warmer-than-average winter temperatures in the…

Trump Warns China Nuclear Tech Exports Will Shrink

President Trump has warned China that Washington is taking measures to curb the exporting of nuclear technology to China, adding that Americans were not “stupid”, AFP reports as the Department of Energy released yesterday a set of measures “to prevent China’s illegal diversion of U.S. civil nuclear technology for military or other unauthorized purposes.”

"For decades China has maintained a concerted, central government-run strategy to acquire nuclear technology to gain economic advantage," a source from Washington told AFP.

In the Department of Energy release, Secretary Rick Perry said, “The United States cannot ignore the national security implications of China’s efforts to obtain nuclear technology outside of established processes of U.S.-China civil nuclear cooperation.”

As part of these measures, the United States will stop approving new license applications or extend existing authorizations previously granted to the China General Nuclear Power Group—a Chinese state business entity that is under indictment in the United States on charges of conspiring to steal nuclear technology.

The move is part of the wide push from Washington against Beijing, in which the latest episode was the slapping of tariffs on US$250 billion worth of Chinese products.

Yesterday, President Trump, as quoted by The Times, pledged to punish China for its perceived aggression against the United States, saying there was “a lot more to do” to China. He made these comments after reports emerged that a Chinese intelligence officer had been arrested for an attempt to steal technology. The reports were followed by remarks from senior Washington officials that China was the greatest threat to U.S. democracy and security.

Separately, on Fox News, President Trump made it clear the pressure will continue: "They lived too well for too long and, frankly, I guess they think that the Americans are stupid people. Americans are not stupid people," he said.

By Irina Slav for Oilprice.com

ADVERTISEMENT

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News