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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

A billion dollars missing from China power budget

China’s state auditor said Monday that more than $1 billion was misappropriated in the construction and operation of a major electricity grid system in less than four months last year.

The National Audit Office  said its investigation into contracts for a west-to-east transmission line uncovered theft and contract irregularities amounting to $1.1 billion, the Wall Street Journal reported.… Continue Reading