The Other Fight For Dominance With China

By Adam English / July 09, 2019 / www.outsiderclub.com / Article Link

Trade wars, corporate espionage, strategic land grabs... the list of issues we're at odds with China over is so very long.

However, there is a major one that is not getting any headlines. It is simply too long-term of a trend.

At the same time, it will define which nation is dominant in a critical energy sector within a couple decades.

Renewable energy power generation in China reached 1,870 TWh and accounted for 26.7% of total generation in 2018.

To provide the baseline power that is needed to go with it, it is going on a nuclear power plant building spree.

Within the decade, China will surpass the U.S.A. as the largest nuclear energy producer.

In the process, it will almost certainly come to dominate the global market.

It is already starting to get a foothold, and it has profound geopolitical and military consequences.

While the U.S.A. and Europe have seen their companies involved in nuclear power struggle, if not outright collapse, China is heavily investing with an eye for exports.

It is actively courting just about any country that shows a speck of interest, from Argentina to the U.K. to Romania to Saudi Arabia to Pakistan.

It already tried to take over as the primary operator in the U.K. before public outcry caused a backlash and put an end to the deal.

And it is using all of its tricks - protectionism, subsidies, intellectual property theft, espionage, etc. - that have allowed it to dominate other sectors.

It isn't just a matter of technology. It is a matter of security. The U.S.A. is already imposing restrictions and tariffs on commercial trade to limit what can be redirected for military ends.

A world where China is in control of the best nuclear technology and sells it to any nation is one that is far more susceptible to nuclear weapon proliferation and threats.

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