China invests $560 billion overseas from 2013-2016

23:32, October 17, 2017

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  China-Vietnam border trade zone opens

  Photo: VCGA new China-Vietnam cross-border trade zone in south China's Guangxi Zhuang Autonomous Region has opened, local authorities said Monday.The Longbang-Tra Linh trade zone in the border city of Jingxi covers an area of 50,000 square meters and involves investment of 60 billion yuan (9 billion U.S. dollars).Construction began in 2013 and trial operation in September this year.Residents living within

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  U.S. posts its largest budget deficit since 2013

  The U.S. posted its largest budget deficit since 2013 in the fiscal year that just ended, as a pickup in spending exceeded revenue gains.The federal government’s gap grew to $665.7 billion in the 12 months through Sept. 30, compared with a $585.6 billion shortfall in fiscal 2016, the Treasury Department said Friday in a report released in Washington. That was

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  Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media

  Tokyo-based Mitsubishi expects the centers to help meet growing demand for information storage from customers of California-based Digital Realty and generate sales of around 20 billion yen to 30 billion yen in 2022, the business daily reported, without citing sources.The two companies could invest an additional 300 billion yen in the medium term, the Nikkei reported.Mitsubishi could not be reached