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Gov. Terry McAuliffe scored an economic coup and expanded Virginia's already substantial business ties with China on Wednesday as he unveiled plans for a major manufacturing facility in the Richmond suburbs.
The announcement caps a string of recent economic development deals involving China and Virginia, highlighting the country's growing importance in the commonwealth's economy as both a trading partner and an investor.
Under a deal that state officials called the largest ever between a Chinese investor and Virginia, Shandong Tranlin Paper Co. will create 2,000 jobs with a $2 billion plant that makes paper from corn stalks and other agricultural field waste
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