Resumen de Ambivalent state policy hampers Chinese outbound M&A.
The article discusses China's reluctance to allow its corporations to acquire foreign assets. It notes that while China posted 17 billion dollars in overseas investment spending for the period January-May, 2016, the Chinese government remains wary about the outflow of capital. It cites that overseas acquisitions by large Chinese firms led to reduced foreign exchange reserves for China. It notes that Chinese firms have spent 134.2 billion dollars for outbound investments as of September 2016.
