AES Corp. (AES), the first U.S. power producer to enter China some two decades ago, is looking...

|About: The AES Corporation (AES)|By:, SA News Editor

AES Corp. (AES), the first U.S. power producer to enter China some two decades ago, is looking to sell all or some of its assets there, Reuters reports. The likely exit or scaling down underscores the challenging operating environment in China's power industry, where coal-fired power producers have little control over state-set electricity prices.