Howard Zhang, left, and Li He, right, partners of Davis Polk&Wardwell LPP, are pictured during an interview in the firm's office in Beijing on Sep. 06, 2017. 06SEP17 SCMP/Simon Song

Why China’s outbound investment has swung from feast to famine

China’s effort to invest in strategic industries globally has struggled as foreign regulators block key deals

Topic |   Mergers & Acquisitions

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Howard Zhang, left, and Li He, right, partners of Davis Polk&Wardwell LPP, are pictured during an interview in the firm's office in Beijing on Sep. 06, 2017. 06SEP17 SCMP/Simon Song
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