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Business

Japan, France and China in three-way dance over nuclear plants

TOKYO   A complicated web of political and corporate alliances is emerging as Japan, China and France chase opportunities in the nuclear power plant business, with some partnerships growing stronger and others being tested.

     One company that is learning how tricky alliances can be is Mitsubishi Heavy Industries of Japan. Areva, a French partner that has fallen on hard times, recently struck deals with two Chinese nuclear power companies. It is clearly drawn to China's massive market and relatively inexpensive reactors.

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