CHINA TOPIX

Chinese Firms Opt for Insurance Against Foreign Deals Veto : Report

S. Rina   |

Jan 13, 2017 01:51 AM EST

China witnessed sharp increase in its overseas investment in 2016. The Chinese firms spent a record $45.6 billion on acquiring foreign firms the last year. The surge in the acquisition volume led to resistance from foreign countries, leading to the breakdown of some very prominent deals.