china to "safely and effectively" develop nucl, page-10

Chinese cabinet has approved the nuclear safety plan.

China listed nuclear company popping up leading from 10% rise of china Guangdong nuclear (1164.hk) and 6.5% rise on CNNC Intl.

http://www.reuters.com/article/2012/05/31/china-nuclear-safety-idUSL4E8GV42Z20120531

I suspect Chinese gov may pushing for more energy infra work than direct stimulus to avoid an over burden of muni debt created in 2008 program.

Oz U sector should get a good leg if U price responding positively to the news in coming quarters.

Cheers