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Chinese state-run firms lead bidders for $1.5 billion stake in K-Electric, a Pakistan power company

2 months ago
Sky Canaves
hanghai Electric Power and China Southern Power Grid are among the top contenders to take a controlling stake in Pakistan utility K-Electric, which would play into a broader initiative to establish an economic corridor between the two countries.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.