Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

China to double power infrastructure spending

by Tony Sagami on November 15, 2008

in Asian Market, Stock Market in China

The StateGrid Corporation of China (SGCC), China’s largest power supplier, is giong to double the money it isgoing to spend on electrical grid construction over the next two years to $170 billion.

Who do you think is going to get most of that money?

Metallurgy, building materials, machinery manufacturing, and construction companies that specialize inutilities.

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