There may indeed be valid reasons to curb China Inc. Its dizzying overseas buying binge amounted to nearly US$350 billion in the past few years. Illustration: Timothy McEvenue

China’s grey rhino hunt should extend beyond its tycoons

William Pesek says regulators realise the country is setting itself up for a reckoning similar to that of Korea in 1997, as debt-ridden firms expand abroad. But state-held giants, too, are concentrating financial risks at the top

Topic |   China economy

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There may indeed be valid reasons to curb China Inc. Its dizzying overseas buying binge amounted to nearly US$350 billion in the past few years. Illustration: Timothy McEvenue
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