UPDATE 2-Chinese president to launch economic corridor link in Pakistan

April 20, 2015 10:59 AM

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ISLAMABAD, April 20 (Reuters) - Chinese President Xi Jinping arrived in Pakistan on Monday to launch $46 billion in projects linking the allies, a figure that would far exceed U.S. spending in Pakistan and underscores China's economic ambitions in Asia and beyond.

The infrastructure and energy projects are aimed at establishing a Pakistan-China Economic Corridor between Pakistan's southern Gwadar port on the Arabian Sea and China's western Xinjiang region.

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