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ITOCHU Makes Mega-Investment in Chinese Conglomerate 
ITOCHU Corporation, parent company of ITOCHU International Inc., announced on January 20th that it would join its Thailand-based strategic partner CP Group in making a combined investment of $10.4 billion in CITIC Ltd., China's largest conglomerate. ITOCHU's investment, at $5 billion, will be the largest ever in China by a Japanese company.