The transaction will make Tencent the third-largest shareholder in CICC, marking another investment by Chinese tech majors in the traditional finance industry amid the rapid development of the fintech sector.
The transaction is still under non-exclusive bidding at present. Neither Fosun Pharma nor Shanghai Pharmaceuticals have disclosed any details as to the bidding amount or the financial standing of the target company due to the uncertainties about acquisition and confidentiality requirements.
The two companies' monopoly practices pushed up the prices of the raw material, resulted in suspension of production by some other drug companies and damaged the interests of many patients, the administration said.
The two sides should build political mutual trust, Wang said.
The translation and publication work of the Cambodian edition of the book was completed in close collaboration between the China Foreign Languages Publishing Administration (CFLPA) and the Confucius Institute of the Royal Academy of Cambodia.
The trash is gone, but the problem of desertification stays as people still raise yaks and sheep.
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The two countries should work together to promote free trade and facilitate investment, continue to enhance communication on major global issues, help push reform of the World Trade Organization, fight climate change, safeguard global governance and jointly uphold multilateralism, Xi said.
The truck usually goes out once or twice a week and alerts customers via an app notification or a text message with what deal is on the truck that day and where it will be parked.
The travel agency said that about 30 percent of reservations on its platform were for trips to Thailand and Japan.
The two spending bills include one with .7 billion to fund the US-Mexico border wall demanded by President Donald Trump, and another that extends funding for closed agencies until Feb 8. The compromise was reached between Mitch McConnell, the Senate majority leader, and Chuck Schumer, the Senate Democratic leader.