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PARIS michael kors jet set travel large satchel black , May 18 (Xinhua) -- French second division soccer clubSochaux announced Monday to have signed an agreement with Chinesecompany Ledus over selling 100% of the club's shares for 7 millioneuros.

Ledus, a Hong Kong listed electrical components manufacturer,had contacted the club's previous owners, carmaker Peugeot, inFebruary to propose a "credible project for the club" for "all theissued share capital and voting rights".

Calling it "a new milestone in the transfer of FCSochaux-Montbeliard", the Ligue 2 side said the deal signed onMonday has validated all terms of the letter of intent set inFebruary.

"The terms of this agreement fully meet the objectives set bythe current shareholders of looking for a robust and sustainableproject michael kors bedford large satchel black , and should enable the FCSM to have financial resourcesconsistent with the legitimate sporting ambitions of the club,"read Sochaux's official press release.

"The sale will be made upon receipt of permits and completion ofwork. The goal remains to enable the buyer to take control of theclub for next season," it added.

Li Yongsheng, Chairman of Ledus' holding company, the Tech ProTechnology Development, promised last month that he had no plan tomake big changes to the current running structure of the club.

Founded by the Peugeot family in 1928 for its workers michael kors miranda satchel medium blue , Sochaux,twice Ligue 1 champions in 1935 and 1938 as well as the French Cupholders in 1937 and 2007, had spent a record 66 seasons in the topflight before being relegated in 2014.

PSA Peugeot Citroen, who has in recent times focused on motorracing and tennis, announced last year that it wanted to sell thefootball club and concentrate on auto racing, while Tech Pro andits Ledus subsidiary michael kors jet set wallet australia , which specializes in making LED products,wants to use Sochaux to promote its expansion in Europe.Enditem

China and Japan on Friday reached a four-point agreement to improve bilateral ties, agreeing to resume political, diplomatic and security dialogue while acknowledging different positions on the Diaoyu Islands.

The agreement was reached as State Councilor Yang Jiechi met with visiting National Security Advisor of Japan Shotaro Yachi, China's Foreign Ministry announced in a press release.

The four points in the agreement read as follows:

-- The two sides have affirmed that they will follow the principles of the four political documents reached between China and Japan and continue to develop the China-Japan strategic relationship of mutual benefit.

-- In the spirit of "facing history squarely and looking forward to the future," the two sides have reached some agreement on overcoming political obstacles in the bilateral relations.

-- The two sides have acknowledged that different positions exist between them regarding the tensions which have emerged in recent years over the Diaoyu Islands and some waters in the East China Sea michael kors wallets australia , and agreed to prevent the situation from aggravating through dialogue and consultation and establish crisis management mechanisms to avoid contingencies.

-- The two sides have agreed to gradually resume political, diplomatic and security dialogue through various multilateral and bilateral channels and to make efforts to build political mutual trust.

"The hard-earned agreement is a precious step towards a better bilateral relationship," said Yang Bojiang, deputy head of the Institute of Japan Study of the Chinese Academy of Social Sciences (CASS). "The two countries did it for the sake of a stable, healthy and sustainable relationship and the regional peace and stability."

Experts have highlighted the commitment in this agreement to the four political documents, which refer to the China-Japan Joint Statement inked in 1972 michael kors value spree australia sale , the China-Japan Treaty of Peace and Friendship of 1978, the China-Japan Joint Declaration of 1998 and a joint statement on advancing strategic and mutually-beneficial relations in a comprehensive way that was signed in 2008.

"Every time when the China-Japan relations went wrong, it was because Japan made wrong moves about historical issues and territorial disputes. That's why this four-point agreement is important," said Gao Hong, also deputy head with the CASS Institute of Japan Study.

Experts considered the multi-point agreement a result from mounting domestic and international pressure on the Abe administration.

Sour political relations between China and Japan, the former being the latter's largest trading partner for years michael kors value spree sale , have already taken a toll on bilateral trade between the world's second and third largest economies, putting many on nerves.

"Japan needs China as a key export market whereas China needs Japan in fields such as energy conservation, environmental protection and technological cooperation," Yang Bojiang said, adding that the two side could also collaborate with each other on a number of regional and international issues.

Analysts also believe the agreement could also help bring regional tensions in the Asia-Pacific under control and is conducive to the interests of countries on the Pacific Rim, including the U.S.

"Should the Abe administration continue on its dangerous path michael kors jet set tote australia , there might be a good chance that the situation would spiral out of control," said Qu Xing, president of the China Institute of International Studies. "Even the U.S. would not want to see full-front confrontations between China and Japan."

The two sides need to uphold the political foundation for China-Japan relations strictly according to the spirit of the four-point agreement, Yang Jiechi said during the meeting.

They need to ensure the right direction, properly and timely handle sensitive issues, take concrete action to build political mutual trust and gradually put bilateral ties on a track of sound development michael kors totes australia , Yang said.

A long-term, healthy and stable growth of China-Japan relations serves the fundamental interests of both countries and their people. Cheap Jerseys   Cheap Jerseys From China   Cheap Jerseys China Wholesale   Cheap NFL Jerseys   Cheap MLB Throwback Jerseys   Cheap Nike NBA Jerseys   Wholesale Jerseys China   Wholesale Jerseys   Wholesale Jerseys China   Cheap NCAA Soccer Jerseys