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The American Empire in a Changing World



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Tuesday, January 17, 2012

''Saudi Arabia plans to build 16 nuclear power reactors by 2030''

read more from asia times....


"Saudi Arabia plans to build 16 nuclear power reactors by 2030 and China has ambitions to emerge as an exporter of nuclear power plants. 

Nonetheless, China is not only sticking to its strong ties with Iran but in a string of statements last week Beijing asserted the high importance it attaches to the Sino-Iranian relationship. It rebuffed demands by the United States to curb Iran's oil revenues and rejected out of hand the latest US sanctions against Iran as overstepping. 

Washington taunted Beijing on Thursday by slamming sanctions on Chinese firm Zhuhai Zhenrong Corp for allegedly selling refined petroleum products to Iran. But China voiced "strong dissatisfaction and firm opposition" and expressed its intent to carry on "normal cooperation with Iran in energy, the economy and trade."

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