Dongfang Electric Corporation Limited is a major Chinese manufacturer of power-generation equipment, including hydro, thermal, nuclear, gas, wind, and solar power technologies. The company provides design, manufacturing, and servicing of large-scale power generation equipment, along with engineering, procurement, and construction (EPC) contracts. It was founded in 1984 and is headquartered in Chengdu, Sichuan, China.
The start of third quarter didn’t bring any good news for the Chinese economy. With the manufacturing deteriorating and RMB barely able to maintain...