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Two State-owned Travel Firms Merge to Form 120 Bln Yuan Tourism Giant – Caixin Media
Aggregated Source: China Travel - Google News

Two State-owned Travel Firms Merge to Form 120 Bln Yuan Tourism Giant
Caixin Media
(Beijing) – The state assets supervisor said it has approved the merger of two state-owned travel operators that will lead to the formation of a tourism giant with combined assets worth over 120 billion yuan, or nearly US$18 billion. The Beijing-based ...

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