A State Grid Corp sign is seen above its training centre in Beijing. The Chinese state-owned utility has bought 49% of the power distribution grid in the Gulf nation of Oman. The purchase is part of China's multibillion-dollar Belt and Road initiative to build trade-related infrastructure across Asia to Europe. - AP
BEIJING: A Chinese state-owned utility says it has bought 49% of the power distribution grid in the Gulf nation of Oman.
State Grid Corp described the purchase as part of China's multibillion-dollar Belt and Road initiative to build trade-related infrastructure across Asia to Europe.
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