In recent years, Fosun has invested in several fashion companies, including Italian menswear company Caruso, German clothing brand Tom Tailor, and United States luxury house St. John.
In recent years, the country has stepped up efforts to tackle unauthorized fees levied on businesses, with the State Administration for Market Regulation having detected and dealt with 620 million yuan worth of illegitimate corporate fees in its inspection last year.
In terms of business cooperation, D'Andrea noted that China and European countries have much to offer to each other with a high degree of convergence of interests.
In that way, Amazon’s Fire Phone flop might have been a blessing in disguise, requiring the company to come up with an alternative way of bringing Alexa to market, initially in the form of the Echo smart speakers.
In recent years, the central government has put forward a series of policies to promote civil-military integration.
In terms of choosing online stories for the gaming community, Perfect World tends to go for popular works with strong storylines, such as supernatural sagas.
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In spite of gloomy predictions following the United Kingdom's decision to leave the European Union, investors from China "have taken the lion's share of all commercial property investment in Central London in the last 12 months", according to real estate company Savills.
In response to heavy summer traffic, the company is taking measures to raise capacity and improve services.
In terms of popular tourism destinations, South China's Guangdong province tops the list, followed by East China's Jiangsu, Southwest China's Sichuan, East China's Zhejiang and Central China's Hubei. Shanghai, with its famous Disney Resort, becomes the No 1 city for family excursions, while Guangzhou, Beijing, Chengdu and Wuhan rank from second to fifth, respectively.
In response, American Airlines, United Airlines and Delta have reduced the number of flights. Some cuts may extend through the summer.