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China Communications Construction aims high abroad

HONG KONG -- China Communications Construction said it aims to derive half of its revenue from overseas, after it reported earnings Wednesday that beat analyst forecasts, helped by higher margins from projects abroad.     

Fu Junyuan, executive director at China Communications Construction at the left, told reporters Wednesday the company aims to accelerate overseas investment.

     "Our ultimate goal is to have 50% of our revenue from overseas," Fu Junyuan, executive director and chief financial officer, told reporters without giving a timeline, adding that the group has had a "good start" this year.

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