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But, fortunately for Dynex and British industry generally, Chinese train-builder CRRC Corporation rode to the rescue. Since the initial rescue, Dynex has received investment of between million and million a year from its Chinese partner that has funded improvement in expertise, both in manufacturing and research and development.

But to capture that growth momentum, brands need to extend their product life cycle to serve infants and young mothers, said Jason Yu, general manager of Kantar Worldpanel in China.

But the scene is changing. Research shows a rise in recent years in the number of college graduates who founded or joined startups. Around 204,000 undergraduates chose to start their own business in 2015. But their success rate is only 10 percent, which is far lower than that in other countries.

By 2 pm Tuesday, the average wholesale price of pork, a staple meat in China, went down 0.2 percent to 43.39 yuan (.63) per kg, and that of eggs rose 1.3 percent to 7.97 yuan per kg.

Buying Ring is not Amazon’s first smart home acquisition, as the tech giant last year?acquired Blink,?a startup based in Andover, Mass. that makes wire-free smart security cameras and video doorbells. Before the Ring deal came together, Amazon made an offer to buy smart locker maker August Home for 0 million, according to The Information, but August balked before later selling to Swedish lock manufacturer Assa Abloy for 0 million.