Philippines' Marcos backs probe on China-owned power grid company

Takeover of National Grid Corporation of the Philippines possible, Marcos warns

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President Ferdinand Marcos Jr. is backing a senator's proposal to conduct a "comprehensive study or hold hearings" on the National Grid Corporation of the Philippines. (Source photos and logo by Reuters and National Grid Corporation of the Philippines SNS)

CLIFF VENZON, Nikkei staff writer

MANILA -- Philippine President Ferdinand Marcos Jr. has backed a probe to determine whether the government should take over the country's sole power grid operator, which is partly owned by China.

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