Long-term nuclear agreement signed by Russia and China

Russia and China are deepening their partnership in nuclear energy and will draw up a roadmap for cooperation in developing so-called fast-neutron reactors for decades to come. The agreement signed between Rosatom and the China National Nuclear Corporation covers "key areas" and is focused on expanding current cooperation as well as launching new projects. China already operates five Russian nuclear reactors and currently has four more under construction, making Russia the largest nuclear supplier to the country. Rosatom launched the construction of the Xudabu-4 reactor and the Tianwan-8 reactor in the Jiangsu province in eastern China, with operations set to begin between 2026 and 2028. The cost of construction at each site is estimated to be $1.7 billion.