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Photographer: Atul Loke/Bloomberg © 2018 Bloomberg Finance LP China has been on an investment spree in recent years, at home and abroad. At home, investment has been one of the engines that, together with exports, have fueled its robust growth. Abroad, investments have served China’s ambitions to control the South China Sea and secure a waterway all the way to the Middle East oil and Africa’s riches. The trouble is that many of these projects aren’t economically viable; they […]

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