Siberian electricity network to get Chinese investment

The Siberian¬†electricity¬†network could be about to get a $5bn investment boost from the Chinese banking sector, it emerged today. Following talks between Rossetti and China’s state power grid company at the St. Petersburg International Economic Forum , the two organisations are considering setting up a joint venture to funnel between $500m and $1bn into the project each year for the next five years. Lenta