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IPFS News Link • Economy - International

China launches company to spend $200 bln US dollars on goods

9-29-2007 • AFP

China launched Saturday a long-anticipated state-owned investment company that is intended to manage around 200 billion dollars, or nearly one sixth of the nation's massive foreign exchange reserves.

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Reported By Powell Gammill

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China launches company to spend $200 bln US dollars on goods

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