China passes U.S. in outbound M&A
China has surpassed the U.S. as the largest source of outbound mergers-and-acquisition activity as a built-up mainland looks for other investment opportunities overseas.
According to Dealogic, in the first nine months of the year the total value of mergers and acquisitions (M&A) by Chinese companies jumped 68 per cent year-on-year to $173.9 billion. It was the first time China has done more deals than the U.S…China passes U.S. in outbound M&A
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