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Geplaatst: 24-05-2018 04:52:16 Onderwerp: during Chinese

BERLIN Cheap Adidas Originals Superstar 2 Brown , April 20 (Xinhua) -- Germany's luxury automaker BMW posted a better-than-expected pre-tax profit for the first quarter of 2017 on Thursday, driven by a rise in earnings from its Chinese joint venture and positive valuation effects.

The Munich-based automaker reported a pre-tax profit of 3 billion euros (3.23 billion U.S. dollars) for the first three months, surging 27 percent compared to the same period in 2016.

BMW's jump in profits was largely driven by a one-off revaluation of its stake in the mapping service HERE as well as higher profit from its operation in China.

Revenues climbed by 12.4 percent to 23.45 billion euros in the reporting period.

But its EBIT margin (profitloss before financial result as a percentage of revenues) in the automotive segment -- a key indicator of profitability -- sank to 9.0 percent in the first quarter Cheap Adidas Superstar Animal Patterns Black White , compared to 9.4 percent a year ago.

China launches first cargo spacecraft Tianzhou-1

Farmers busy with planting around Guyu solar term in SW China's Guizhou

Chinese-created drama premiered in Laos

Russian Pacific Fleet's flagship "Varyag" arrives in Manila for 4-day visit

Terraces shrouded by clouds in south China's Guangxi

China-made C919 passenger jet to take off soon

Redbud flowers in full bloom in S China

In pics: scenery of Baiyangdian in Xiongan New Area

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LONDON， Sept. 15 (Xinhua) -- A Chinese investment group has completed its takeover of English Premier League side West Bromwich Albion， the club announced on Thursday.

""West Bromwich Albion Football Club confirms that the change of control announced in August 2016 has now been completed，"" it was announced at the club's official webstie in a statement.

It said that Jeremy Peace has agreed the sale of West Bromwich Albion Holdings Limited， which owns approximately 88% of the club's parent entity to Yunyi Guokai (Shanghai) Sports Development Limited， a company controlled by Lai Guochuan.

Lai said: ""I'm delighted to complete the acquisition and to become the next steward of the club.""

The 42-year-old added: ""I would like to thank Jeremy Peace for his leadership over the last 15 years and for laying the strong foundations for the next stage of the club's development. I am excited to have the opportunity to support the club's chairman， John Williams， and the team in building the club over the years ahead.""

Peace said: ""It has been a tremendous privilege to lead the Albion. I am proud that 11 of my 15 seasons as chairman have been spent in the Premier League whilst three others brought automatic promotion from the Championship. Guochuan Lai has been a supportive partner during the handover process and we have both done everything possible to move the club forward. Guochuan， John Williams， my board colleagues， our staff and supporters have my very best wishes for the future.""

The sale was agreed on 24 June 2016， subject to certain approval and consent processes both in China and the UK. Following the approval of the China (Shanghai) Pilot Free Trade Zone， the principal preconditions to completion are the approval of the Financial Conduct Authority and Premier League， both of which have commenced their review processes.

The statement said that Williams， the former Blackburn Rovers chairman， will take over as chairman of the club with immediate effect and Peace has agreed to stay on in an advisory capacity to assist with the transition to new ownership during the 201617 season but steps down from his board positions in relation to the club.

"

by Xinhua writers Yan Feng, Tian Dongdong

BERLIN, Sept. 25 (Xinhua) -- Despite rising tide of populism in Europe Cheap Adidas Originals Superstar Foundation White Blue , Black Swan shunned Germany on Sunday as German sitting Chancellor Angela Merkel's conservative union defended its biggest-party title in the federal parliament after a fierce yet unsurprising campaign.

The shrunken yet still commanding margin of the Christian Democratic Union (CDU) and its Bavarian sister Christian Socialist Union (CSU) heralds a fourth term for Merkel as Chancellor, with the support of other parties.

Having served as Germany's head of government for 12 consecutive years, Merkel has long been known for her support for globalization and international cooperation. For those who care about the future development of China-Germany relations Cheap Adidas Originals Superstar Foundation Black , her fourth term is a positive signal.

Merkel visited China 10 times during her chancellory, a fact suggesting a lot to the development of Germany-China relations. Given the heft of bilateral ties, it is highly hoped that she will keep the wheels turning and pull her weight as before for further progress.

The reasons are crystal clear.

China and Germany have forged one of the world's most important bilateral relationships. In 2010 cheap puma slides fenty , the two sides upgraded their relations to a strategic partnership, and further lifted it to a comprehensive strategic one during Chinese President Xi Jinping's first state visit to Germany in 2014. Along with over 2 million personnel exchanges in 2016 alone, China for the first time became Germany's largest trading partner cheap puma suede shoes , while the latter has long been China's largest importer in Europe.

Germany's robust economy, to which its close ties with China have surely contributed, is Merkel's trump card in the federal election.

During her last three terms cheap puma heart sneakers , the world's second and fourth largest economies were highly complementary. China's economic restructuring and its booming market keep on creating opportunities for German enterprises, while Germany's advanced facilities and managerial experience in turn help in China's industrial upgrading.

Meanwhile, in an increasingly volatile world cheap puma rihanna creeper , a mature Germany-China relationship is essential to global prosperity and stability. Both bearing significant international influence, the two sid.