U.S.-China nuclear accord to be sent to Congress in early 2015
George Banks, a senior fellow with the R Street Institute, a self-described free-market think tank, called China’s ENR activities “a non-starter issue” in the US negotiations for a renewed 123 agreement.
“China is in a unique position if you look at its influence and power vis-a-vis the US,” said Banks, who also is a senior fellow for nuclear energy policy at the Center for Strategic & International Studies. “The majority of ‘new nuclear build’ in the next few decades will occur in China. I don’t see how [the US], at the end of the day, has much influence with the Chinese nuclear power program,” he said.