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Bogle also believed that the corporate structure of most fund companies poses an inherent conflict of interest, because a public fund company could put the interests of investors in its stock ahead of those owning shares of its mutual funds. Vanguard has a unique corporate structure in which its mutual funds and fund shareholders are the corporation's "owners." Profits are plowed back into the company's operations, and used to reduce fees.
Blizzards in some areas are expected to last more than three days, with new snow falling up to 20 centimeters, it said.

Birmingham has already brought new technology to the market in China. Last year, the BCES worked with Chinese rail company CRRC Shijiazhuang on a prototype for a low-emissions freight container that stays cold without the need for fuel-generated refrigeration. In August, CRRC sold 49 of the containers to a manufacturer in China.
Bolstered by such achievements, the Ministry of Transport has made the further improvement of the transport network in rural areas a priority, especially in formerly poverty-stricken places that were once plagued by poor transportation.
Boeing and its Chinese partner Commercial Aircraft Corporation of China Ltd (COMAC) will jointly run the completion center, with the 737 delivery center being solely owned by Boeing.
来源:资阳报