CHINA
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From Times Staff and Wire Reports
Plan Unveiled for Port Project: One of Beijing’s biggest conglomerates announced details of a plan to build China’s deepest port, which would require billions of dollars in foreign investment. Officials of China International Trust & Investment Corp. presented a 15-year schedule for development of Daxie Island, an area of 12 square miles off Ningbo in the east coast province of Zhejiang.
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