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Monday, 9 May 2016

China’s mega Silk Road project hits road blocks May 09, 2016 at 02:54PM

SOURCE: PTI Sharp depreciation of yuan coupled with neighbours’ suspicions are “holding back” China from the full rollout of its mega Silk Road project, prompting the country’s think tanks to term the ambitious initiative as a “high risk project”.The depreciation of yuan late last year raised the cost of currency settlement for Chinese firms conducting overseas […]

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