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CHINA-ECONOMY/SILKROAD
RTX1RDOX
September 06, 2015
A factory floor of XCMG Group is seen in Xuzhou, Jiangsu province, China August 14, 2015. Two years after...
Xuzhou, China
Factory floor of XCMG Group is seen in Xuzhou, Jiangsu province, China
A factory floor of XCMG Group is seen in Xuzhou, Jiangsu province, China August 14, 2015. Two years after China unveiled a sweeping plan to rebuild Silk Road trade links with Europe and Asia, machinery maker XCMG Group has opened a factory in Uzbekistan, sent 300 staff abroad and set ambitious goals to grow overseas. XCMG's foreign venture piggybacks on China's bold scheme to extend its global influence through financing infrastructure projects in 65 nations that are home to two-thirds of humanity, and at the same time win new markets for companies weighed down by profit-crushing overcapacity at home. Picture taken August 14, 2015. REUTERS/Brenda Goh
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