Chinese investors China Media Capital (CMC) and CITIC Capital have bought a 13 percent stake in the parent company of Manchester City Football Club for $400 million (377 million euros) Nike Vandal 2K Women's Metallic Silver Red , the companies said.
"We and our consortium partner CITIC Capital also see this investment as a prime opportunity for furthering the contribution of China to the global football family," CMC chairman Ruigang Li said.
Manchester City's owners City Football Group (CFG) are backing the investment as part of their strategy of expanding into Chinese football.
The deal is still subject to regulatory approval.
It comes a month after Chinese president Xi Jinping was given a tour of Manchester City during a state visit to Britain.
Prior to Tuesday's announcement, the Abu Dhabi United Group (ADUG), the investment arm of the Abu Dhabi royal family, was the sole shareholder of CFG.
As well as Manchester City Nike Odyssey React Women's Gray Black , who have twice won the English Premier League in recent seasons, CFG also owns New York City FC and Melbourne City FC and is a minority shareholder in Japanese club Yokohama F. Marinos.
"Football is the most loved, played and watched sport in the world and in China, the exponential growth pathway for the game is both unique and hugely exciting," said CFG chairman Khaldoon Al Mubarak.
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HONG KONG, Sept. 4 (Xinhua) -- A forum on Belt and Road Initiative co-organized by the Hong Kong Special Administrative Region (HKSAR) government and the Hong Kong Trade Development Council (HKTDC) will open here next Monday, focusing on infrastructure and ASEAN opportunities, organizers said on Monday.
Under the theme "From Vision to Action," the forum is expected to attract over 2 Nike Odyssey React Women's Casual Arctic Pink White ,500 senior government officials as well as representatives of international institutions, business leaders from countries and regions along the Belt and Road, according to the HKTDC.
Numerous projects and infrastructure construction related to the Belt and Road Initiative have been set in motion, reflecting that the cooperation framework for global development have taken shape, Vincent Lo Nike Odyssey React Black Women's , chairman of the HKTDC told a press meeting.
The forum is expected to become an exchange platform promoting more concrete cooperation in infrastructure, commerce and trade, especially in the area of the Association of Southeast Asian Nations (ASEAN), he said.
Dialogue with policymakers, a series of panel discussions covering financing Nike Odyssey React Desert Sand Sail Pink Women's , dispute settlement and entrepreneurship as well as business matching meetings will be arranged during the summit, according to the HKTDC.
This will be the second time for such a forum to be held in Hong Kong. The first one hosted by the HKSAR government was held in May 2016.
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MOSCOW, Dec. 12 (Xinhua) -- Moscow severely criticized on Friday the adoption of a U.S. Congress bill aimed at providing lethal and non-lethal aid to Ukraine and imposing additional sanctions against Russia.
The Ukraine Freedom Support Act approved Thursday by both houses of the U.S. Congress causes nothing but deep regret due to its "openly confrontational nature" Nike Epic React Flyknit Pure Platinum Black Blue Women's , Russian Foreign Ministry spokesman Alexander Lukashevich said in a statement.
"The U.S. lawmakers, following the steps of the Barack Obama administration, are doing their utmost to destroy the carcass of cooperation (between the two countries)," Lukashevich said.
"It's about time the U.S. congressmen abandon illusions about the effectiveness of their sanctions campaign against Russia. We will not give in to blackmail, we will not forsake our national interests Nike Epic React Flyknit Blue Women's , and we will not allow any interference in our internal affairs," RIA Novosti news agency quoted Lukashevich as saying.
According to the U.S. Senate Committee on Foreign Relations, a legislation was passed unanimously on Thursday by the Senate, granting lethal military and non-military assistance and expanding sanctions against Russia.
The Ukraine Freedom Support Act would also provide Ukraine with energy, defense sector Nike Epic React Flyknit Women's Grey White , and civil society assistance, and expand broadcasting programs to counter Russian propaganda in countries of the former Soviet Union, according to an online announcement posted by the committee.
Also on Friday, Russian Foreign Ministry refuted Washington's groundless and vaguely formulated accusations of Russia violating the Intermediate Nuclear Forces (INF) treaty.
U.S. Under Secretary of State for arms control and international security Rose Gottemoeller said Thursday the U.S. was considering taking economic measures against Moscow in response to Russia's alleged violation of the treaty.
Relationship between Russia and the U.S. has worsened to an ice point due to the over-nine-month armed conflict in Ukraine between Kiev government and the independence-seeking insurgents in the eastern regions of Donetsk and Lugansk.
Kiev and the West have been blaming Russia for escalating the violence by providing assistance to the insurgents, while Moscow kept denying the allegation Nike Epic React Flyknit Women's Cargo Khaki Black Green , and accusing Ukraine of failing to stop the bloodshed in its country.
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Russia pushes for early meeting of contact group: FM
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