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Citic to invest 700b yuan in China's 'One Belt, One Road'

The Silk Road move will involve about 300 projects extending from S'pore to Turkmenistan

Beijing

CHINA'S Citic Ltd, the state-owned conglomerate, said on Wednesday that its banking, securities, trust and construction divisions will jointly invest more than 700 billion yuan (S$151.4 billion) to support China's "One Belt, One Road" initiative.

The investments will...

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