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Belt and Road

China drops $11bn anchors to expand Maritime Silk Road

State-owned operators Cosco and China Merchants dominate decade of spending

Greece has rejected China's plan to build an additional cargo terminal at Piraeus port amid concerns about growing Beijing influence.   © Reuters

DALIAN, China -- Chinese companies have poured nearly $11 billion into overseas ports during the past decade, gaining access to strategic maritime hubs as part of its Belt and Road initiative, an aggressive investment campaign that has raised concerns about Beijing's growing clout across the world. 

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