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Before the acquisition, Dressta was facing a difficult situation. Local media reported that due to fierce competitions from American and German enterprises, its business condition continued to deteriorate, even near bankruptcy.
With APEC being the most influential platform for economic cooperation in the Asia-Pacific region and ASEAN being an organization of regional integration with greatest vitality and potential, the two mechanisms will enjoy a bright future for cooperation, Xi said at an informal dialogue between leaders from both sides, pointing out the shared notion and principles between the two mechanisms.
In his remarks, Xi said he is sincerely delighted to see that Laos has achieved new progress in spurring economic development, maintaining social stability and promoting efficient governance and harmony among its people since his last visit to the country seven years ago.
BEIJING, Nov. 4 (Xinhua) -- China's top legislature Saturday adopted a revision to its law against unfair competition.
来源：资阳报