SHENZHEN, China—China wants to shift from customer to competitor in the global nuclear industry as it seeks to roll out its first advanced reactor for export, a move that adds new competition for already struggling global firms. Two state-owned firms teamed up to design the advanced indigenous Hualong One reactor with plans to sell overseas. On Tuesday, one of them, China General Nuclear Power Group, hosted dozens of business executives from Kenya, Russia, Indonesia and elsewhere, as well as diplomats and journalists, at its Daya Bay nuclear-power station to promote the Hualong One for export. Asked how much of the global market share for new nuclear reactors CGN wants Hualong One to win, Zheng Dongshan, CGN’s deputy general manager in charge of international business, said: “The more the better.” The move marks a turnaround for China and the nuclear-power industry . For three decades, China served as a big […]