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Business

China gains on global competition with borrowed technology

An ARJ21 airplane under construction at COMAC's Shanghai plant.

SHANGHAI -- Chinese companies are rapidly strengthening their presence in global markets for large-size industrial products such as trains, nuclear power plants and aircraft.

     They are selling products to overseas buyers made with the use of advanced technologies from the U.S., European countries, Japan and other developed countries. Some of those Chinese products are said to be over 30% cheaper than those made by their international rivals.

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