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China Slowing Foreign Acquisitions As Government Attempts To Curb 'Irrational' Deals

Published in SportsBusiness Daily Global on 02 / 17 / 17

Foreign property investment by Chinese companies "plunged" by 84% last month, as Beijing’s capital controls "choked off the flow of foreign acquisitions," according to Gabriel Wildau of the FINANCIAL TIMES. In an "effort to curb capital outflows and ease downward pressure" on the yuan, Ch...

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Tags: Finance, China

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