An 'all-win' deal

Westinghouse's multi-billion-dollar contract to build four nuclear power generating units in China using its third-generation technologies is worth more than its face value.

And Westinghouse is not the only beneficiary.

The United States nuclear industry will benefit. As some in the Bush administration have observed, the deal will pave the way for its coveted revival. No wonder US Secretary of Energy Samuel W. Bodman was quoted as saying it was the most exciting day in the history of US nuclear industry when the memorandum of understanding was signed in Beijing.