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Business trends

Hitachi's UK nuclear project shows heavy risks for private sector

Japan's plant export strategy stumbles on ballooning costs

Former Toshiba unit Westinghouse Electric was building these nuclear reactors in the U.S. state of George before lurching into bankruptcy last year.

TOKYO -- Britain's move to finance much of a Hitachi nuclear power plant underscores how such projects have grown too costly for the private sector to bear alone, raising further questions about a key component of Japan's ambitious plans to export infrastructure worldwide.

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