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- Chinas Expansion Abroad

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- China and Walmart

Image of Chinese industrial workers

China's Expansion Abroad

 

As China's cities expand, fuelling the country's economic growth, so the country's demand for construction materials grows.

This is the story of one iron ore company in the US state of Minnesota - being bought by a management team in which one of China's largest steel manufacturers has a stake.

What are the impacts of such an investment, and what are the reasons for it?

And what does a Chinese investment in a US construction firm say about the relationship between the countries?

Listen here
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