China’s gas turbine makers are moving to make a global splash. Is Malaysia the first stop?

In the latest milestone for China’s heavy-duty gas turbine manufacturers, Shanghai Electric has secured a turnkey contract to deliver equipment to a power plant in Malaysia, giving it a foothold in a market dominated by established foreign players amid a global supply crunch. The state-owned conglomerate, based in the Chinese financial centre, hailed the deal reached earlier this month as evidence