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State Grid’s A$500m ($523m) acquisition of a 41% stake in Australian transmission company ElectraNet is proof that, although the process is not as fast as some had predicted, the Chinese are coming.

OPINION: An expansionist State Grid could be good news

State Grid’s A$500m ($523m) acquisition of a 41% stake in Australian transmission company ElectraNet is proof that, although the process is not as fast as some had predicted, the Chinese are coming.

State Grid’s A$500m ($523m) acquisition of a 41% stake in Australian transmission company ElectraNet is proof that, although the process is not as fast as some had predicted, the Chinese are coming.