Tuesday, November 20, 2007

PRC Solicits High-Tech Industry

The Washington Post reported on 16 November that China is attempting to make Dalian a mecca for high technology industry. The article says over 230 foreign companies have set up businesses in the city over the last decade, lured by tax breaks, attractive worker wages, and other incentives. In 2007 ground was broken for a $2.5 billion Intel Corp. factory and a $6.5 billion nuclear power plant.

1 comment:

Byron said...

Something's seriously out of kilter with the price tag of that nuclear reactor. Plant Vogtle cost more than that...thirty years ago.

I don't know if I want to be on the same continent as people building a reactor that cheap.