LINE

    Text:AAAPrint
    Economy

    China to make just decision on Marriott-Starwood merger

    1
    2016-09-03 10:17Xinhua Editor: Feng Shuang ECNS App Download

    The Chinese Ministry of Commerce (MOC) is reviewing Marriott International's merger with Starwood Hotels and Resorts and has promised "a just decision."

    "The aim of the review is to assess whether the consolidation will break any rules concerning competition in China," MOC spokesperson Shen Danyang told a news briefing on Friday.

    China began the review on April 11 and extended the process to Oct. 7. Shen said, adding that the related markets were quite complicated.

    Marriott and Starwood have already received regulatory clearance from more than 40 countries. The MOC is the only remaining clearance required before the transaction may close.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 阳泉市| 元谋县| 苏尼特左旗| 海门市| 慈利县| 忻城县| 资中县| 衡水市| 洞口县| 泰来县| 昌邑市| 平舆县| 五指山市| 稷山县| 峡江县| 广州市| 章丘市| 大冶市| 民县| 塔河县| 石家庄市| 开化县| 瓦房店市| 汝城县| 盘山县| 望谟县| 靖西县| 西峡县| 神池县| 林州市| 宝清县| 仁怀市| 丘北县| 万全县| 宁明县| 清水县| 鲁山县| 舞钢市| 沙坪坝区| 常州市| 郓城县|