Chairman Who Guided China Power Giant's Global Ambitions Retires

  • Liu served as general manager from 2004; chairman since 2013
  • Promoted ambitious $50 trillion global-energy network

Liu Zhenya.

Photographer: F. Carter Smith/Bloomberg

Liu Zhenya, chairman of State Grid Corp. of China, will step down as head of the world’s biggest utility, according to people with knowledge of the situation.

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