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November 14, 1994

AT&T TO INCREASE INVESTMENT IN CHINA

By CBR Staff Writer

AT&T Corp plans to invest another $150m in China by 1996 and double its 1,000-strong workforce within three years in what the firm described on Friday as a market of enormous potential: the company has just signed contracts worth $150m to supply equipment and services to southern Guangdong province, the first part of a five-year $500m agreement announced last September.

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