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German chemical giants BASF are ready to invest billions of dollars in multiple projects in China. BASF has announced that it will be investing $10 billion in Zhanjiang situated in the Guangdong province of China. Also, BASF announced it would be doubling the size of a giant plant in Nanjing which it operates in collaboration with Sinopec, a state-owned Chinese firm. The move comes after the Chinese government is warmly