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China Cosco Holdings Co., the world's largest bulk-ship operator, expects to get as much as 60 billion yuan ($8.4 billion) of assets from its state-controlled parent, said Vice Chairman Zhang Fusheng.

The company has already received about 70 percent of China Ocean Shipping Group Co.'s ships, terminals and other holdings, Zhang said today at China's annual legislative session in Beijing. Zhang, also an executive vice president of the parent, declined to say when the remaining assets would be transferred.

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