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Canada and China collaborate on natural resources

Updated: 2012-02-11 07:56
By Cai Xiao ( China Daily)

BEIJING - Canada's resources sector is set to become a new target for Chinese companies.

That's after the announcement of a $1 billion fund focused on investing in the sector.

The Import-Export Bank of China and the Canada-based Canaccord Financial Inc announced the move on Thursday during a five-day visit to China by the Canadian Prime Minister Stephen Harper.

Canada and China collaborate on natural resources

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