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China and France say tie-up in emerging economies 'win-win'

China's Prime Minister Li Keqiang delivers a speech at the OECD in Paris on July 1, 2015China and France’s plan to team up on projects in Africa and Asia is a win-win deal that will “serve the interests of all”, Chinese Prime Minister Li Keqiang said Wednesday. In recent years, China has muscled out Western nations from emerging economies, especially in Africa, but appears to be changing tack with the deal which was signed Tuesday and branded as “historic” by French Prime Minister Manuel Valls.

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