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Belt and Road

Belt and Road propels Chinese contractors to top of global ranks

China grabs quarter of cross-border construction revenue last year

A tunnel is under construction as part of a Malaysian railway project being built with China, which revived the initiative by agreeing to reduce costs.   © Reuters

TOKYO -- Chinese contractors took in nearly a quarter of international construction revenue last year, a rise directly linked to Beijing's Belt and Road infrastructure projects in the developing world.

Top Chinese contractors pulled in $118.9 billion in cross-border sales, U.S. industry publication Engineering News-Record reports, a sum about triple the amount a decade ago.

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