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China on an outbound investment spree

Country is set to overtake the United States as the world's largest outbound direct investor in the next few years.
Tuesday, July 21, 2015 - 05:50

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One landmark deal involved Anbang Insurance teaming up with Hilton Worldwide Holdings to purchase The Waldorf Astoria New York hotel for US$1.95 billion.

CHINESE companies have been stepping up their global investment spree in the past 12 months. Mergers and acquisitions (M&A) by private Chinese investors are becoming the key drivers of the country's outbound direct investment.

In what has been called the "Third Wave" of China outbound

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