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China's trade and infrastructure deals don't look like desperation

from CNBC

Think of a small European country where China currently manages a $3.5 billion portfolio of direct investment projects. And while the hapless Europeans were stirring up more trouble for Greece, last week China completed a $368.5 million deal for a 67 per cent stake in the Piraeus Port Authority, with another $350 million slated for investments to create China's largest maritime hub in the Mediterranean. more

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