RENEE MONTAGNE, host:
This morning's business news starts with nuclear reactors from China.
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MONTAGNE: Westinghouse Electric today signed a multi-billion dollar deal to build four nuclear reactors in eastern China. That puts China at the forefront of a global trend toward nuclear power. A recent study predicts energy consumption will rise by more than 50 percent over the next 25 years, and China is now the world's second largest consumer of energy. It plans to spend $50 billion on nuclear reactors in the next decade.
India hopes to ramp up its nuclear power, too, if it can finalize a deal with Congress to buy nuclear technology from American companies. Still, fears about nuclear safety resurfaced last week after an earthquake in Japan caused a radiation leak at the world's largest power plant.