Three Gorges Corp

Duke to Sell Brazil at $1.2B; 3 Gorges as the Buyers

Duke Energy Corp., an electric power holding company which aims to focus on its regulated power business, decided to sell its Brazilian assets to China's Three Gorges Corp. – a state-owned power company for $1.2 billion.

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Chinese president to launch economic corridor link in Pakistan

Chinese president Xi Jinping is due in Pakistan on Monday where he will launch $46 billion in projects linking the old allies, a figure that far exceeds U.S. spending in Pakistan and underscores China's projection of power in Asia.

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