Chinese Stake In PPC - A New Strategy Into Europe?

BMI View: State Grid Corporation of China (SGCC) is now targeting Greece's Public Power Generation (PPC) - yet another pointer to China's new strategy to European expansion. China has previously focussed on its interest in the Balkans - the perfect launch pad into the mature European infrastructure market - however we now note a more aggressive investment approach where China is directly looking at stakes in established European Utilities.

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