and undermined international nuclear nonproliferation efforts. british industry is likely to benefit from the deal which could see large contracts for engineering and technology firms. but australia's decision to opt for a nuclear powered submarines means cancelling a contract with france to build a diesel electric ones and the french have called it a betrayal. translation: it is a stab in the back, we had established a relationship of trust with a string of about trust has been broken. there's a lot of bitterness about the cancellation on this matter is not over. the backdrop to all of this is a massive military build—up by china. it has invested billions of dollars in expanding its navy, by china. it has invested billions of dollars in expanding its navy, our beijing correspondent, stephen mcdonell, told us there had been a furious reaction to the pact from china.