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- The Indian billionaire Karan Adani announced plans to challenge Chinese dominance in global seaports.
- Adani Ports has received "in-principle" approval for a $2 billion project in Da Nang, Vietnam.
- Adani Group has plans for ports in the Middle East, Africa, and Southeast Asia, Bloomberg said.
Karan Adani, the son of one of Asia's richest men, wants to loosen China's grip on seaports and transform India into a major trading hub.