State-owned China firm invests $3 billion in Turkish energy

China Machinery Engineering Corp. headquarters.

China Machinery Engineering Corp. headquarters.

ANKARA — China has sought a role in Turkey’s energy sector and is pursuing an alliance. The state-owned China Machinery Engineering Corp. has been negotiating to participate in Turkish energy development projects. The company, with a presence in Turkey for nearly 30 years, has also sought to help develop power for the Ankara government.

 (FULL STORY)

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