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China Firm Buys U.K.-based Sunseeker Yachts

China Firm Buys U.K.-based Sunseeker Yachts
Byline: Associated Press/Christopher Bodeen BEIJING (AP) — Chinese property and cinema conglomerate Dalian Wanda Group announced June 19 that it is buying British yacht maker Sunseeker and will develop a high-end London hotel, expanding into the luxury market as part of the latest foray abroad by a major Chinese firm. The company...
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