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Nikkei Film: China's nuclear program siphons sanctioned machine tools - Nikkei Asia

Nikkei Asia · last updated

Nikkei Film: China's nuclear program siphons sanctioned machine tools - Nikkei Asia

TOKYO -- Advanced machine tools made by Japanese manufacturers were found at a Chinese research facility that is responsible for developing nuclear weapons.

Machine tools are subject to export controls because they could be used to manufacture weapons of mass destruction. However, an investigation by Nikkei revealed that products from Japan and Germany were being delivered to the nuclear weapons development organization through biddings inside China.

Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics