US fines Chinese firm for re-sales to Pakistan nuclear plant

WASHINGTON: The US fined a Chinese state-owned company $3 million Monday after it agreed to plead guilty to criminal charges for exporting US-made coatings to a Pakistan nuclear plant against US restrictions.

China Nuclear Industry Huaxing Construction Co. was charged with conspiring with the China subsidiary of the US company PPG Industries to deliver high-performance epoxy coatings to the Pakistan nuclear power plant without obtaining permission.

"Huaxing -- the PRC-corporate entity that bought the coatings for application in the Pakistani reactor -- has accepted responsibility for its role in the crime," said US Attorney Ronald Machen.