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This is the first time that Invensys has been invited by the Government on a trade mission to China and Mr Henriksson seems to enjoy returning to the top table. Eve in the evening to a banquet in the great hall of the people it was seat price, together with the Secretary of Chinese Prime Minister.

And, unlike many men business and their entourage dotted around the lobby, Mr Henriksson has some important business in China.Invensys, born from the merger of BTR Siebe in 1999, sells systems which control stations and China trains.Et holds at the same time.

Effective the first quarter of next year, he hopes to get "$ 300 m to $ 400 million (￡ 190 m)" new contracts to run Chinese control of six and eight nuclear reactors rooms.

"So far, we have earned and booked six reactors six we continued [in China]," explains Mr Henriksson. ""Our competition [coming bid] is a joint venture between Siemens and Areva, when Areva avant.Nous part hear from time to time on other competitions, the Japanese, but we have not seen in any real competition," he adds .alors described as "very difficult" submission process, it appears bullish.

Mainland China has 12 nuclear power plants in operation 24 construction and intends to increase its nuclear capacity tenfold, travelling at 80 electric gigawatt (GWe) here to 2020, then 200 GWe by GWe 2030 and 400 by 2050.

Invensys, which has the largest share of the global market for its particular control system technology, the only question is how to stay in the race for a such enormous price.

"China is always:"Please give me everything you have."" I will give access to the market until I know that everything what myself and then I thank for this and we will have to find something new to do "," explains Mr Henriksson. "It's a model that still exists in China." The pressure is always on and we have perhaps been a little too impatient as an industry to meet the needs of their wishes.

In their desire to capture a slice of the Chinese market, the majority of British companies is found either provide their technology at an advantageous price or returns of throwing money at the problem without thinking.

"There are Western companies who find their market has disappeared, and they have come here to find a way to exist," says Mr Henriksson. "When you are in this situation, you do what you need to do." Which justifies what they did. There are other companies who feel very anxious comes to participate, but there comes a time where each company has to say: ' that I am? As I made money? ""

Invensys, says, is walking a different path, trying to worm its way into a deeper relationship with Chinese partners.Instead of using the "an army of lawyers" to protect its current technology, Mr Henriksson said he tried to find ways to collaborate with the Chinese on new technologies.

"I always say the Chinese side: we can help you with the next generation."Let's not talk about today. Say, speak of tomorrow today, nuclear is still close to the water, and why it is difficult to go home. You do not want to put next to a river or a Lake, because water is a scarce resource in Chine.Vous you find another way, if you intend to make nuclear power plants, but without him be cooled by water.If you need a different technology.?

In the meantime, Invensys has also signed an agreement with the China South Rail (CSR) whereby the two companies will be jointly offer rail and subway systems high-speed processes at the international level.CSR brings enormous engineering, power while Invensys helps his business savvy network of international offices and technology.

And whereas in recent weeks, Invensys has been linked to several times with a takeover, Mr Henriksson invokes the intriguing proposal that a prospective buyer of the business might come from more distant.

"I want see Chinese money outside of China and appropriating Western j. companies ' hopes that the West invites to the faire.Nous now mutual funds - is not on one side won against the other, it is a question of how to grow the economy does not a single economy,"he said.""

"I believe that CSR has the possibility to acquire Invensys, in principle, in its logic, both that shareholders accept the prix.Il isn't my although preference.

Instead of this, he said that it would be open to the CSR taking a minority stake in Invensys to bind together the two companies, that they were searching for the submission of new contracts as a consortium. "The only question for me is how to create a model of how we can work ensemble.Si you look, historically, discussions with Chinese companies have always been on "How can I get as many beans that possible".C' is what prevented relationships go loin.La next step in the relationship is to establish a minor property .c ' is the whole point of property.?

With this kind of discourse is perhaps not surprising that prices of the shares of the company has more than doubled in the past two years.

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