Chinese companies went on an overseas buying spree in 2016, targeting corporate trophies around the world as weak economic growth at home limited domestic opportunities. Photo: AFP

China’s M&A loans slump for second year due to US trade war tensions

  • Event-driven loans made by Chinese firms in foreign currencies are down 41 per cent this year to US$18.2 billion from US$30.7 billion in 2016
  • Overseas volumes have slumped amid tighter Chinese government scrutiny and a crackdown on capital outflows
Topic |   China economy

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Chinese companies went on an overseas buying spree in 2016, targeting corporate trophies around the world as weak economic growth at home limited domestic opportunities. Photo: AFP
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