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British Prime Minister Theresa May speaks during the inaugural meeting of the UK-China CEO Council at the Great Hall of the People in Beijing,  Jan 31, 2018. [Photo/VCG]

Bought by Chinese conglomerate Fosun Group for 900 million euros ( billion) in early 2015, Club Med swung back to profit within the first year, turning round the 44 million euro loss posted in the year prior to the acquisition. The group reported that its business revenue for the winter 2017 season, from November 2016 to April 2017, hit a record high of 875 million euros, up 6.5 percent year-on-year.

Bulls are optimistic medical reforms, such as faster approvals for new drugs, will help established companies accelerate earnings growth even more quickly.

Both public and private players are encouraged to provide funding for infrastructure construction

Bovis said collective action and joint research and development will beat the pandemic, and China is playing a significant role.