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Mongolia: China's Canada? Beijing is reaching out to a former satellite of the Soviets
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International Herald Tribune
07-10-2004
Two weeks ago, China's largest copper company signed a letter of intent to study investing in Mongolia's largest mining project. This week, Mongolia's president, on a state visit to Beijing, invited China to drill for oil. Next month, zinc production is to start at a new $50 million Chinese mine in eastern Mongolia. To link it all together, Chinese aid is paying for Chinese crews this summer to pave major roads across Mongolia's s...
