Advanced Fuel Candu Reactor: A Case Study

Located in Eastern Asia, China is a country known for being a worldwide economic superpower that has had a communist government for several years. Beginning in 1978, China, under Deng Xiaoping’s rule, began to incorporate capitalistic ideas in the government. Deng created various reforms unlike any of the policies or reforms in prior years that began to reconstruct China’s economy through modernization and by establishment of international trade.

Today’s China is the most populous country in the world and is so one of the most important political and economical forces in the world.

　　　　In the recent years, nuclear energy has gotten a comprehensive development. There are over 430 commercial nuclear power reactors operable in 31 countries, with over 370,000 MWe of total capacity. About 70 more reactors are under construction, and these numbers are still rising up (World Nuclear

The world trading system would clearly be affected by such a development. Currently China enjoys a somewhat privileged status within the World Trade Organization as a ―developing country. Such a rise to eminence, however, would clearly force it to become a full and equal member, with all the rights and responsibilities. China would also be in a position to actively affect the terms of trade between many countries. On the monetary front, one would expect that China would have to have

explained, in part, by the historical and political evolution of China as it emerged from

The rise in China from a poor, stagnant country to a major economic power within a time span of twenty-eight years is often described by analysts as one of the greatest success stories in these present times. With China receiving an increase in the amount of trade business from many countries around the world, they may soon be a major competitor to surpass the U.S. China became the second largest economy, last year, overtaking Japan which had held that position since 1968 (Gallup). China could become the world’s largest economy in decades.

U.S.A started to open the link between China and the U.S.A by sending in a U.S table tennis team in 1971/1972, which can be proved by the “BBC Cold War Programme.” President Nixon then went to visit China in 1972 which was one of the key turning points in China’s relationship with the west. A quote from Nixon “we can not be cut off from a quarter of the worlds population” proves that Nixon and the U.S.A had realised how big China was, and wanted to ally. Another quote from the “Modern World China Textbook” from President Nixon “The U.S and China have no fudamental interests that need to collide.” Proves that the most powerful men in the world were recognising China as an important nation a major power with the world influence!. This was unlike the situation in 1960 when China was open to be exploited by the west. Since the Nixon visit other western leaders that have made frequent visits to China. Trade has developed and tourism is well established. Approximately 120,000 Chinese students studied in the U.S.A since 1978.

China has become a big part in wars, always trying to start them. Global instability is a big deal around the world but China seems to stand out. If it has anything to do with manufacturing or communism, you know China’s involved. Throughout roughly forty years, China was always involved into some war from 1937, with World War II through 1975, with the Vietnam War. Even in the middle of the to with the Korean War.

In today’s society, we have an almost immediate demand for an alternative source of energy. This is due to the gradual depletion of our finite sources of fossil fuels as well as due to the damage of the burning of fossil fuels to our environment. All of these alternative sources, such as solar, wind and nuclear power come with their upsides and downsides. The most controversial of which, nuclear power, also manages to have the most potential in the near future due to its lack of a carbon emission output.

USEC is the world’s leading supplier of enriched Uranium to nuclear power plants. Due to the expiration of long term energy cost savings contracts, USEC is examining the possibility of taking on a new project called the American Centrifuge Project. This project will utilize a different process for Uranium enrichment, which is the core business process of USEC. The new technology process uses much less energy, which will reduce manufacturing costs and keep USEC on the leading edge of technology in the enrichment market space. As with any major energy industry project, the ACP project

industry contains an untapped potential as a leading giant of the industry. The processes of the

China will also receive the same benefits once it enters the WTO and will be able to sell its products much easier to member countries. This fact will help the Chinese worker because member countries will tend not to buy Chinese goods if they know they were made in sweat shops or other places hurtful to the workers. The WTO will recognize this fact

We will begin our analysis of these questions by examining China’s economy at the time of Deng Xiaoping’s accession to power in 1978 and the economic growth strategy he and his successor implemented which ultimately led China to ascension into the WTO. We will then review various conditions imposed upon China by the WTO and how China reacted to those changes and to what extent these lead to China’s current status and interaction

China’s accession to the WTO in 2001 has helped shape its economy to becoming a more predictable environment for trade and foreign investment. Corporate governance and frameworks for business operations and interactions have improved, providing a much more transparent environment. (Deckers, 2004)

From Albania to Zimbabwe, many countries have become involved in the World Trade Organization over the years. Any state or customs territory having full autonomy in the conduct of its trade policies may become a member of the WTO, but all WTO members must agree on the terms. This is done through the establishment of a working party of WTO members and through a process of negotiations. All members have joined the system as a result of negotiation and the membership means a balance of rights and obligations. They like the ideas that other members give to them and the security that the trading rules give in. In return, they had to make understandings to open the markets and to go by the all the rules. Those commitments were the outcome of the membership decisions. Countries going through membership are WTO observers. Article XII of the WTO Agreement says that joining to the WTO will be on terms to be agreed between the government and the WTO. Joining the WTO is a process of negotiation, slightly different from the process of joining other international trades.