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Another student noted, "I think comics are easier than a 5,000-character written self-criticism and make me look more impressive." It was her first time to write self-criticism letter in what she felt was a creative way.

Apart from curtailing piracy, the PLA Navy has also carried out other missions, including the evacuation of Chinese nationals from war zones in Libya in 2011 and Yemen in 2015, search and rescue operations for the missing Malaysia Airlines Flight 370, and potable water shipments to the Maldives during a water crisis in late 2014, she said.

Another possible factor: “Amazon is a conservative buyer,” Burgess said. “They think long term and they don’t get seduced by high-flying valuations.? For example, there was good business logic for them to acquire Twilio and add CPaaS (Communications Platform as a Service) as a feature set to AWS — but the IPO went out at over 16x revenue and if we see an acquisition by Amazon, it will most likely happen when that valuation falls back to earth. Even with the down rounds and the fallen unicorns, valuations are high — often out of range for a conservative acquirer like Amazon.”

Apart from the growth in nonperforming loans, the gradual expansion of liquidity risk exposure at non-financial companies and defaults on private placement bonds and credit bonds will also increase the supply of problematic assets, Shi said.

Announced on Feb 22－the first working day after the seven-day Lunar New Year holiday－the acquisition will be carried out by Fosun International and its subsidiaries, according to the company. This is in line with the target of Fosun Fashion Group established in 2015, which aims at investing globally in the fashion and retail industry.