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As Western banks leave, China adds Brunei to new silk road


BANDAR SERI BEGAWAN (Reuters) - On a tiny island off Brunei's northern tip on the South China Sea, thousands of Chinese workers are building a refinery and petrochemical complex, along with a bridge connecting it to the capital, Bandar Seri Begawan.

When completed, the first phase of the $3.4 billion complex on Muara Besar island, run by China's Hengyi Group, will be Brunei's largest-ever foreign investment project, and comes at a time when the oil-dependent country needs it the most.

   

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