State Energy Investment, to be created from the merger of Shenhua and Guodian, will be the world’s largest energy giant. Photo: Reuters

Beijing approves Shenhua-Guodian marriage to become the world’s biggest energy juggernaut

The merger is part of efforts to raise competitiveness of central government-controlled enterprises and over time, cut their number down to 40

Topic |   China Shenhua Energy

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State Energy Investment, to be created from the merger of Shenhua and Guodian, will be the world’s largest energy giant. Photo: Reuters
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Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.