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China to create world's biggest power company

Move is part of govt plan to cut industrial overcapacity, accelerate overhaul of state-owned enterprises

Tokyo

CHINA'S move to create the world's biggest power company is expected to be the first such government-managed mega-merger by the largest energy consumer.

The newly created China Energy Investment Corp - a combination of Shenhua Group Corp, the nation's largest coal miner, and...

sentifi.com

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