"The basis and preconditions for strategic co-operation with Bear Stearns no longer exist," Citic said.

中信证券说，与贝尔斯登的战略合作的基础和前提条件不再存在。

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The Chinese company said it had cancelled all negotiations over business co-operation with Bear Stearns, but would continue to look for other opportunities to expand overseas.

这家中国公司说，他已经取消了所有与贝尔斯登的商业合作谈判，但是，将继续寻找其他海外扩张机会。

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