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Business

Cosco leading China's 'Belt and Road' drive

Chinese shipping giant aggressively investing in ports, logistics hubs

Khorgos, Kazakhstan, is an important transportation hub connecting China to Europe by rail.

DALIAN, China -- China Cosco Shipping is poised to go on a fresh overseas investment spree to secure ports and logistics hubs as part of China's efforts to create its huge "Belt and Road" economic zone aimed at increasing that country's influence over distribution from Asia to Europe.

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