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Asia Cube Global Communications Ltd, a company wholly-owned by I Squared Capital, an infrastructure-focused private equity firm in the US, will be the buyer among competitors including a consortium consisting of TPG Capital and South Korean billionaire Michael Kim's MBK Partners, the Financial Times reported.

At a press conference after the conclusion of the annual legislative session last month, Premier Li struck a confident tone on the country's financial stability, ruling out the possibility of systemic risks as "the country has plenty of policy options at its disposal."

Asked about the repeated emphasis on the RCEP, Chung Hae-moon, former South Korean ambassador to Thailand and former chief of the state-run ASEAN-Korea Center, said in an interview with Xinhua in Busan that the regional trade deal would benefit both the ASEAN and South Korea, which depends on export for about half of its economy.

At Yaragiz health clinic, villagers formed an orderly line as they registered for blood tests, electrocardiograms, ultrasound scans and X-rays. Medics from the Xihxu township hospital were also on hand to explain available health services and disseminate healthcare advice.

At an industry forum on Wednesday, CATL founder and Chairman Zeng Yuqun said new energy vehicle sales surged 52 percent in Europe but fell 44 percent here in China.