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Microsoft lays out $900 million in Chinese investments

Time: 10:22 EST/15:22 GMT | News Source: CNET | Posted By: John Quigley

Microsoft signed a deal with China on Wednesday to purchase $700 million of Chinese electronics hardware over the next five years, the latest move by the software giant in the fast-growing mainland market. The software giant also agreed with the powerful National Development and Reform Commission to invest $200 million in Chinese software companies through joint ventures and partnerships, it said in a statement.

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