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Stranger things are going into China’s overseas shopping basket

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More than 360 Chinese companies announced their first cross-border acquisitions in the initial 11 months of this year, with the combined size of the transactions more than doubling from the full year 2015," Bloomberg reports. As more companies look to branch out into areas outside of their core businesses, authorities have started to heighten their scrutiny and are emphasizing avoidance of "irrational" deals.
9 months ago
Jiayun Feng
By Jiayun Feng
Jiayun is a Chinese native and was born in Shanghai, where she spent her first 20 years and earned a bachelor’s degree in journalism at Fudan University. Interested in writing for a global audience, she attended the NYU Graduate School of Journalism for its Global & Joint Program Studies, which allows her to pursue a journalistic career along with her interest in international relations. She has previously interned for Sixth Tone and Shanghai Daily.
China in 2 minutes a day
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