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Last August, the company announced Alibaba had spent 4.33 billion yuan on a 2.05 percent equity stake. Baidu Inc invested 7 billion yuan in the telecom carrier for a 3.3 percent stake, with other investments also coming from Tencent Holdings Ltd and e-commerce giant JD.

Large quantities of ash and burnt material could pose a threat to the quality of water in the dams if the fires are followed by heavy rain.

Lantern Capital Partners, a Dallas-based private equity firm, plans to buy the movie-production company's assets for 0 million in cash, which requires The Weinstein Co to sell its film and television studios.

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Last year, Huawei, in partnership with Kenya's Information and Communication Technology Authority and eMentoring Africa, launched the Digital Skills for Life program, which has benefited 30 disadvantaged youths.

Last month, Chang quit his comfortable life and traveled to Beijing to find a job.

Last year, China's Singles' Day sales on Alibaba's e-commerce platform TMall reached more than 210 billion yuan (about 31.7 billion U.S. dollars), double that of Black Friday and Cyber Monday combined, with sales hitting 1 billion U.S. dollars in a little more than one minute of trading, according to the BBC.

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Last year the annual expo attracted more than 1,103 exhibitors, and the figure is expected to rise even higher this year, said the organizers.

Last year, the French sports retailer Decathlon started to transport products made in its factory in Wuhan, capital of Hubei province, to its warehouses in Dourges, northern France, direct by rail.

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Last week, Xiongan New Area's Rongcheng county in North China's Hebei province also issued an entire ban on fireworks during the upcoming Spring Festival.

Last August, the two countries also started discussing a free-trade agreement that, if it comes to pass, could significantly boost trade.