Bill Gates and China partner on world-first nuclear technology

"This is a pioneering work in China-U.S. high-tech cooperation, which is on a voluntary basis. This shows the open attitudes of both sides,": Chinese Premier Li Keqiang. Photo: AP

"This is a pioneering work in China-U.S. high-tech cooperation, which is on a voluntary basis. This shows the open attitudes of both sides,": Chinese Premier Li Keqiang. Photo: AP

Bill Gates' nuclear firm TerraPower and the China National Nuclear Corporation have signed an agreement to develop a world-first nuclear reactor, using other nuclear reactors' waste

TerraPower chairman Bill Gates and Chinese premier Li Keqiang signed a joint venture agreement to create the Global Innovation Nuclear Energy Technology company, which will build a Travelling Wave Reactor and commercialise the technology.