Tuesday 16 January 2018
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thefinancialexpress
5 months ago

China s investment surges in OBOR-linked countries

Chinese President Xi Jinping attends a news conference at the end of the Belt and Road Forum in Beijing, China May 15, 2017. Reuters Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on Chinaand#39;s acquisitive conglomerates to restrict capital outflows. Chinese acquisitions in the 68 countries officially linked to President Xi Jinpingand#39;s signature foreign policy totaled $33 billion as of Monday, surpassing

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