Foreign doctors deem ill Chinese Nobel laureate OK to travel

In this image taken from a Jan 6, 2008, video footage by AP Video, Liu Xiaobo looks at documents in his home in Beijing, China. According to a statement Friday, July 7, 2017, on the website of the First Hospital of China Medical University, the Chinese medical team charged with treating imprisoned Nobel Peace laureate Liu Xiaobo has stopped using cancer-fighting drugs so as not to overwhelm his severely weakened liver, raising concerns that China’s most prominent political prisoner is critically ill. (Photo from an AP Video via AP) BEIJING…

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Chinese agency EIC bought for reported $692m

Financial details of the deal have not been disclosed, though Reutersreported that a source “with direct knowledge of the deal” said it had generated $692m for previous investors CVC Capital Partners. In 2014, the agency sent some 18,500 Chinese students overseas to study Luxembourg-based CVC acquired a majority stake in EIC in 2013 for a reported $200m, buying shares from Actis Capital and EIC’s founder, Joe Li. It appears to have therefore more than tripled its investment in the deal, which was led by China-based NLD Investment LLP, in partnership with Li and other management. EIC has organised study abroad placements for…

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