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'One Belt, One Road' initiative gathers steam

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Chinese President Xi Jinping meets Pakistan President Mamnoon Hussain, left, and Pakistan Prime Minister Muhammad Nawaz Sharif in Islamabad in April 2015.   © Kyodo

BEIJING -- If recent developments in Indonesia, Turkey and Pakistan are any indication, China's ambitious plan to create a New Silk Road -- a massive economic zone spanning Asia and the Middle East -- is getting into full swing.  

     Beijing looks set to win an order to build a new rail link in the Southeast Asian nation, and in other countries, Chinese sovereign wealth funds are stepping up investment in port construction, energy and other fields.

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