Leisure group Whitbread, the British owner of coffee chain Costa, has paid 35 million pounds ( million) to buy out a joint venture partner in China as it looks to capitalize on a growing thirst for coffee in the country.
Led by Huaxing Growth Capital, the fresh round also includes Baillie Gifford, Loyal Valley Capital, China Merchant Bank International Capital Management.
Last year, the startup was selected to be incubated in the Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub and, in February this year, it received angel funding worth millions of yuan from Fortune Capital, one of the earliest market-oriented venture capital firms on the Chinese mainland.
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Leaders at the neighborhood mosques said they planned still to hold Friday noon prayers. They said both the police and volunteers would be guarding the neighborhood to protect the faithful.
Last year, the company moved its headquarters to an industrial park in Lanzhou New Area, where it has set up an intelligent or smart manufacturing plant and a digital workshop.
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Lee was passionate about immigrant rights. In January, he insisted that San Francisco would remain a sanctuary city “now, tomorrow, forever.”
Leaders of the Communist Party of China Central Committee and the central government will attend the ceremony at a square in front of the Memorial Hall for the Victims of the Nanjing Massacre.
Last year, the population of Beijing stood at more than 20 million and the city's annual GDP was more than 3.5 trillion yuan (2.4 billion).
Lau Ching-kwong, a bridge expert in Hong Kong, credits this cooperation with ensuring the high quality of the bridge.