China’s Thirst for Buying Up Foreign Power Grids

Juliet Song
By Juliet Song
April 30, 2021China in Focus
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The Chinese Communist Party seems to have a thirst for controlling foreign power grids. Over the past two decades, the regime invested hundreds of billions of dollars in critical companies around the world—the same companies that control other nations’ power grids. An energy network under Beijing’s influence is now taking shape. But controversy is growing about the risks tied to Chinese money.