China’s acquisition spree is risky3 min read . Updated: 25 Jan 2016, 09:54 AM IST
Foreign direct investment from China reached $111 billion in 2015, by one estimate10 times more than a decade earlier
China is on a shopping spree. On 12 January, Chinese property developer Dalian Wanda bought control of Hollywood film producer Legendary Entertainment for $3.5 billion. Just three days later, the appliance giant Haier acquired General Electric’s white goods business for $5.4 billion.
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