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"The Chinese state-owned firm that is buying Canada's largest publicly traded construction firm helped Beijing build artificial islands in the disputed South China Sea and was barred until recently from bidding on World Bank projects over "fraudulent practices."

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The entire Chinese government apparatus is corrupt, so no one should be surprised by this latest bit of gangster government.

The only thing unknown is whether China is an oligarchy ("rule by the few", the Communist Party members) or a kleptocracy.

Perhaps a hybrid of the two.

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