A Chinese book publishing company, People's Medical Publishing House has acquired BC Decker's medical and dental books. [news from Publishers Weekly]
Going forward, People's Medical Publishing House (owned by Chinese Health Ministry) will be publishing medical and dental books in English and Chinese. The parent company will also be translating several of the back titles into Chinese.
This is an excellent idea. There are several US, Canada, UK based small publishing houses which can be acquired by Chinese and Indian companies for the value of their content, and republish translations of such books into Chinese and Indian languages. Sometimes, this will work out better than merely buying translation rights.