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China's travel agency giants merge in latest example of SOE reform – South China Morning Post
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South China Morning Post

China's travel agency giants merge in latest example of SOE reform
South China Morning Post
China National Travel Service (HK) Group will merge with China International Travel Services Group (CITS) in a multibillion yuan deal that will give birth to the country's largest tourism conglomerate, but analysts warn the consolidation won't pay off ...

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