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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on Nov. 21, 2024, shows the headquarters of Canadian retailer Alimentation Couche-Tard Inc. near Montreal. The retailer said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on July 17, 2025, shows the headquarters of Seven & i Holdings Co., the Japanese operator of the Seven-Eleven convenience store chain. Canadian retailer Alimentation Couche-Tard Inc. said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Seven & i, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on July 17, 2025, shows a Seven-Eleven convenience store in Tokyo's Shinjuku Ward. Canadian retailer Alimentation Couche-Tard Inc. said on July 16 that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the convenience store chain, following a year of talks.

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Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Couche-Tard drops $47 bil. bid to buy Seven-Eleven parent company

Photo taken on Nov. 21, 2024, shows a convenience store operated by Canadian retailer Alimentation Couche-Tard Inc. in Montreal. The retailer said on July 16, 2025, that it has withdrawn its $47 billion buyout proposal for Japanese rival Seven & i Holdings Co., the operator of the Seven-Eleven convenience store chain, following a year of talks.

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Couche-Tard drops bid to buy Seven-Eleven parent company

Couche-Tard drops bid to buy Seven-Eleven parent company

Combined file photo shows the logos of Seven & i Holdings Co. (L) and Alimentation Couche-Tard Inc. Canadian retailer Alimentation Couche-Tard withdrew its $47 billion buyout proposal for Japanese rival Seven & i Holdings, ending nearly a year of talks.

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

EU Commission Approves Plan Against Nitrogen Pollution - Netherlands

Cattle are outside in the meadow at a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the attractive buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Hook of Holland, Netherlands, on May 23, 2024. Photo by Robin Utrecht/ABACAPRESS.COM

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European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

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European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

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European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

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European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

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European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

  •  
European Commission Approves Plan Against Nitrogen Pollution - Netherlands

European Commission Approves Plan Against Nitrogen Pollution - Netherlands

Milk Cows are in a stable inside a farm. Farmers and companies that emit a lot of nitrogen will soon be able to take advantage of the 'wildly attractive' buyout scheme for so-called 'peak loaders'. The European Commission has approved the plans. These buyout plans concern approximately 3,000 dairy farms, pig farms, veal calf farms and poultry farms. Gouda, Netherlands on November 15, 2023. Photo by Robin Utrecht/ABACAPRESS.COM

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Seibu Ikebukuro department store

Seibu Ikebukuro department store

Photo taken on Aug. 30, 2023, shows the Seibu Ikebukuro department store in Tokyo. A labor union representing workers at Japanese department stores operated by Sogo & Seibu Co. said the same day that members would go on strike at the store to protest a buyout deal by a U.S.-based investment fund.

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Seibu Ikebukuro department store

Seibu Ikebukuro department store

Photo taken on Aug. 30, 2023, shows the Seibu Ikebukuro department store in Tokyo. A labor union representing workers at Japanese department stores operated by Sogo & Seibu Co. said the same day that members would go on strike at the store to protest a buyout deal by a U.S.-based investment fund.

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Suntory eyes 4 tril. yen group sales

Suntory eyes 4 tril. yen group sales

TOKYO, Japan - Suntory Holdings Ltd. President Nobutada Saji (R) and Matt Shattock, chairman and chief executive officer of Suntory subsidiary Beam Suntory Inc., shake hands during a press conference in Tokyo on May 15, 2014. Suntory Holdings is aiming to achieve group sales of 4 trillion yen in 2020 by boosting global sales of Beam Suntory, the world's third-largest spirits company created after the buyout of U.S. distiller Beam Inc.

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Gentosha to become privately held company through MBO

Gentosha to become privately held company through MBO

TOKYO, Japan - Toru Kenjo, president of publisher Gentosha Inc., speaks at a press conference in Tokyo on Feb. 15, 2011. The publisher decided at its shareholders meeting to effectively allow its parent firm, TK Holdings, to acquire its all shares to become a privately held company through a management buyout.

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Hoya to launch TOB in June to make Pentax subsidiary

Hoya to launch TOB in June to make Pentax subsidiary

TOKYO, Japan - Hiroshi Suzuki, chief executive officer of Hoya Corp., speaks about the company's buyout bid for Pentax Corp. at a news conference in Tokyo on May 31.

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Citigroup to launch Nikko Cordial buyout bid on March 15

Citigroup to launch Nikko Cordial buyout bid on March 15

TOKYO, Japan - Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., speaks at a news conference in Tokyo on March 14 about Citigroup's friendly takeover bid for Nikko Cordial Corp.

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Citigroup to launch buyout bid to make Nikko subsidiary

Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6 where they announced that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary.

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Citigroup to launch buyout bid to make Nikko subsidiary

Citigroup to launch buyout bid to make Nikko subsidiary

TOKYO, Japan - Nikko Cordial Corp. President Shoji Kuwashima (L) and Douglas Peterson, chief executive officer of the Japanese branch of Citibank N.A., at a news conference in Tokyo on March 6, announcing that Citigroup Inc. will launch a takeover bid within a week to make Nikko Cordial a subsidiary.

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Employee buyout pension resort gets big support

Employee buyout pension resort gets big support

HIMI, Japan - Minoru Kakitani (2nd from L), president of Hoyo-no-Yado Himi Co., and his employees take its popular open-air bath together with hotel guests in the city of Himi, Toyoma Prefecture.

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Sapporo says no merger talks held so far with rival brewers

Sapporo says no merger talks held so far with rival brewers

TOKYO, Japan - Yoshiyuki Mochida (L), a director Sapporo Holdings Ltd., speaks at a news conference in Tokyo on Feb. 16, a day after Steel Partners Japan Strategic Fund announced a buyout bid for the beer maker.

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Toshiba to sell stake in Toshiba Ceramics for management buyout

Toshiba to sell stake in Toshiba Ceramics for management buyout

TOKYO, Japan - Susumu Koyama, president of Toshiba Ceramics Co., speaks at a news conference in Tokyo on Oct. 31 about the buyout of the company by its current management.

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Futata accepts buyout proposal by Konaka over Aoki plan

Futata accepts buyout proposal by Konaka over Aoki plan

FUKUOKA, Japan - Takafumi Futata, president of menswear retailer Futata Co., speaks during a news conference in Fukuoka on Aug. 18 about the company's acceptance of a buyout proposal from Konaka Co. over a rival takeover offer from another menswear chain, Aoki Holdings Inc.

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Skylark eyes going private via Japan's biggest management buyout

Skylark eyes going private via Japan's biggest management buyout

TOKYO, Japan - Kiwamu Yokokawa (L), chairman and chief executive officer of Skylark Co., speaks at a news conference at a Tokyo hotel June 8 with President Yasutaka Ito listening to him. They said Japan's largest restaurant chain operator plans to become an unlisted company in the nation's largest-ever management buyout bid.

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Horie says Livedoor is probing suspected illegal practice

Horie says Livedoor is probing suspected illegal practice

TOKYO, Japan - Livedoor Co. President Takafumi Horie speaks to reporters Jan. 17 in Tokyo after prosecutors ended an all-night raid into the Internet company's head office and other locations over allegations a group company gave false information about a corporate buyout and inflated earnings results to boost its stock price.

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TBS to issue new shares, move seen as takeover defense

TBS to issue new shares, move seen as takeover defense

TOKYO, Japan - Tokyo Broadcasting System Inc. Managing Director Keizo Zaitsu (L) speaks as Executive Director Kenichiro Kidokoro looks on at a press conference in Tokyo on Aug. 31. Zaitsu said TBS will raise a total of about 28 billion yen in September by selling new and outstanding shares to Dentsu Inc. and three other companies to help finance new mobile phone and Internet-related businesses. The step is being regarded as a measure to increase friendly long-term shareholders and discourage a hostile takeover, since an investment fund led by financier Yoshiaki Murakami has reportedly acquired some TBS shares and is eyeing a management buyout.

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China to maintain sustainable economic growth: Indonesian economist

STORY: China to maintain sustainable economic growth: Indonesian economist DATELINE: Aug. 26, 2022 LENGTH: 00:01:43 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of ports in China 2. SOUNDBITE (English): BHIMA YUDHISTIRA, Director of Indonesian think-tank Center of Economic and Law Studies STORYLINE: An economist with Indonesian think-tank Center of Economic and Law Studies says China will maintain sustainable economic growth. SOUNDBITE (English): BHIMA YUDHISTIRA, Director of Indonesian think-tank Center of Economic and Law Studies "I think there will be a major improvement, a major recovery we see here in the region, especially in China. We see from the manufacturing sector, there will be like a good improvement. And then the number of the manufacturing PMI, purchasing managers' index, I think it's also improving. And also the buyout of the raw materials, the purchasing of the new technology equipment in some of the sectors is increasing. The first one is about government interventions. The

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