Published: 6:35pm, 20 Mar, 2017 Updated: 2:55pm, 20 Jul, 2018
China National Nuclear Corp. and China Nuclear Engineering & Construction Corp. may be heading towards a merger, as Beijing attempts to consolidate its state-owned businesses to increase efficiency. The two companies are expected to announce the merger in early 2017, according to Reuters. China Nuclear Industry Corp. The merger would be the second in two years for the nuclear industry in China, which saw the integration of State Nuclear Power Technology and China Power Investment and the creation of the third-largest developer of nuclear power projects in the region.