China has reached a tipping point in a corporate go-global splurge once encouraged by Beijing, but now prompting it to ban or restrict investments in leisure and property assets. Photo: Reuters

Timely return to more rational investments

Crackdown on mainland firms buying trophy assets abroad is crucial to national security and the overall economy

Topic |   China economy

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China has reached a tipping point in a corporate go-global splurge once encouraged by Beijing, but now prompting it to ban or restrict investments in leisure and property assets. Photo: Reuters
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