Do you want China building U.S. power lines?

Duke Energy is in talks with a Chinese power transmission firm about forming a joint venture to build high voltage transmission lines in the U.S., according to Dow Jones:

The move shows how U.S. utilities are keen to tap China’s low-cost equipment and access to cheap credit to advance capital-intensive projects such as the construction of high-voltage transmission lines, which experts say are more efficient over long distances than conventional power cables.
Confirming talks were under way on cooperation in building transmission lines in the U.S., a State Grid executive said Duke “regards highly our power transmission technology.”

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